Bo knows banking

Bo Jackson, who gained fame as a two-sport professional athlete, is among a group of investors who plan to establish a new bank in suburban Burr Ridge. Burr Ridge Bank & Trust, on Dec. 31, applied to state banking regulators for a permit to organize. The bank will be headed by Roy Thygesen, a former executive of Canadian-owned Harris Bank. Jackson, who played outfield for the Chicago White Sox and was a running back for the Oakland Raiders before a hip injury ended his career, will serve as a director of the bank. Jackson and 19 other investors have invested $11 million in equal amounts to organize the bank. The bank will attempt to raise another $7 million to $11 million by selling stock to the local community.