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The FDIC and First Midwest Bank entered into a loss-share transaction on $343.8 million of Palos Bank and Trust Company's assets. [9] First Midwest Bank assumed Waukegan Savings Bank's $77 million in deposits and $89 million in assets following its closure by the FDIC. The two Waukegan branches will open as First Midwest locations. [10]
SENB Bank, formerly known as South East National Bank, was founded in 1961 in the Iowa-Illinois Quad Cities.In 2019 it expanded into the Stateline (Roscoe/Beloit) region of Illinois and Wisconsin and by 2023 had grown to approximately $370 million in assets and six banking centers serving Illinois, Iowa and Wisconsin.
Wintrust is a financial holding company in the United States that operates 15 chartered community banks in northern Illinois and southern Wisconsin. [2] Wintrust is usually classified as a medium-sized banking institution in the United States and it trades on the Nasdaq Global Select Market with stock symbol WTFC.
CIBC Bank USA is an American commercial bank headquartered in Chicago, Illinois.Founded in 1989 as The PrivateBank and Trust Company (doing business as The PrivateBank), a subsidiary of PrivateBancorp Inc., the company became a subsidiary of the Toronto-based Canadian Imperial Bank of Commerce (CIBC) after a US$5 billion acquisition in June 2017. [2]
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The Amalgamated Bank of Chicago (ABOC) is a commercial bank headquartered in Chicago, Illinois, United States. In addition to its downtown Chicago office, the bank has a branch office in Warrenville, Illinois. Until November 1991, the bank was known as Amalgamated Trust & Savings Bank. [2] In July, 2024 the bank was rebranded as ABOC. [3]
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CEFCU membership criteria allow employees of Caterpillar Inc. and Caterpillar dealers, partner companies (those working for about 550 specific companies with a CEFCU relationship), plus individuals who live or work in fourteen central Illinois counties, or who live, work, or worship in three California counties to belong to the credit union. [5]