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The Business Resource for Suburban Chicago
Tuesday, May 26, 2015 4:33 AM
  • ITASCA — First Midwest Bancorp, the holding company for First Midwest Bank, announced its board of directors declared a quarterly cash dividend on the Company’s common stock of 9 cents per share, payable on July 14 to common stockholders of record on June 26. 
  • VERNON HILLS - Home State Bank  is opening a home loan center at 300 Center Drive, Suite 109 in Vernon Hills, the bank's first office in Lake County.

     
  • CHICAGO -- CME Group Inc. said it suspended two traders for placing manipulative trades, similar to the ones that got Navinder Singh Sarao into headlines around the world last week. 
  • SCHAUMBURG  – U.S. Bank has opened its relocated branch in Schaumburg at 60 S. Meacham Road, from just down the street at 201 S. Meacham Road. 
  • RIVERWOODS — U.S. users of Discover cards are getting their Apple Pay, the last holdout among major credit card networks in the country.

     
  • ROSEMONT -- Wintrust Financial Corp.'s board of directors approved a quarterly cash dividend of 11 cents per share of outstanding common stock, payable  May 21 to shareholders of record as of May 7. 
  • JOLIET — First Community Financial Partners, the parent company of First Community Financial Bank, reported net income for the first quarter of 2015 was $1.6 million as the banking group benefitted from stronger growth and efficiencies. 
  • ITASCA — First Midwest Bancorp, the holding company of First Midwest Bank, said earnings per share grew 8 percent for the first quarter of 2015, mainly the result of recent bank acquisitions. 
  • ROSEMONT — Wintrust Financial Corp. has expanded its lease and equipment finance operation capability with the addition of Wintrust Commercial Finance, an equipment-focused financing group located in Texas. 
  • WAUKEGAN --  Consumers Credit Union is hosting "Your Credit Score," a no-cost seminar that provides insight into building a better credit score at 6 p.m. May 7 at the Holiday Inn in Gurnee. 
  • ROSEMONT -- Wintrust Financial Corp. said net income for the first quarter of 2015 rose 13 percent on strong performance in its loans, deposits and mortgage business, as well as recent acquisitions . 
  • ITASCA -- First Midwest Bank announced the launch of First Midwest Equipment Finance, which provides equipment leasing and financing alternatives to traditional bank financing 
  • ROSEMONT -- Wintrust Financial Corp. said it will acquire Suburban Illinois Bancorp the parent company of Suburban Bank & Trust Company, for approximately $12.5 million in cash
     
  • ROSEMONT -- Wintrust Financial Corp. said it will acquire North Bank in Chicago for approximately $17 million in cash. 
  • SUGAR GROVE  – The Illinois SBDC at Waubonsee has announced that Castle Bank, an Illinois-based division of First National Bank of Omaha, has for a second year committed additional funds to help the Illinois SBDC at Waubonsee sustain its mission of providing services to help entrepreneurs and small business owners continue to drive the local economy forward.
     
 
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