Joliet (Ill.) Police Officers' Pension Fund hired Founders Bank to run...

Joliet (Ill.) Police Officers' Pension Fund hired Founders Bank to run $10 million in laddered Treasuries for the $75 million plan, said George Stofan, trustee. Founders replaced Harris Bank, Mr. Stofan said. Plan officials conducted a shortlist search because they wanted a smaller, more local bank, he said. No consultant was used.