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The Business Resource for Suburban Chicago
Thursday, December 18, 2014 4:22 PM
  • NORTHBROOK -- Beacon Funding has opened a new office in Dover, New Hampshire as it expands as an emerging commercial vehicle financing specialist combined with their exceptional activity in the region's tow, boom and bucket truck markets. 
  • Marquette Bank employees help out local PADS
    ORLAND PARK — Marquette Bank employees have been dedicating the third Wednesday of every month to feeding those in need by volunteering with South Suburban PADS (Public Action to Deliver Shelter), a program that provides shelter and support services to the homeless in Chicago’s south suburbs. 
  • EVANSTON – First Bank & Trust co-founder and Managing Director James C. Lytle will retire at the end of the month.
     
  • OAK BROOK — Millennium Trust Co. said it will close out 2014 posting its seventh consecutive year of record growth. 
  • JOLIET -- First Community Financial Partners recent paid off its federal loan issued under the Troubled Asset Relief Program at a aggregate price of $6.3 million. 
  • RIVERWOODS -- Discover's website has received the top overall score for customer experience in a recent study performed by Keynote. 
  • ELK GROVE VILLAGE - First American Bank headquartered in Elk Grove Village announced today that the Bank of Coral Gables officially became part of First American’s banking family. 

     
  • ITASCA -- First Midwest Bancorp, the parent company of First Midwest Bank, said it has completed its acquisition of Great Lakes Financial Resources and its subsidiary, Great Lakes Bank. 
  • Newsmakers: A lot to be hopeful for business in 2015
    After several years of uncertainty, suburban business owners have a lot to be hopeful for in 2015, according to a panel of experts speaking Thursday at the Daily Herald Business Ledger’s Newsmakers’ Forum: Business Outlook 2015 in Lisle. 
  • WAUKEGAN -- Consumers Cooperative Association, the sponsor for Consumers Credit Union, is offering local students the opportunity to earn one of six $1,500 scholarships. 
  • CHICAGO -- Cook County has accused Wells Fargo & Co. in a lawsuit of subjecting minority and female borrowers to discriminatory and predatory lending. 
  • CHICAGO -- Republic Bank of Chicago has hit a milestone this year by celebrating 50 years in business. 
  • ITASCA — First Midwest Bancorp, the holding company for First Midwest Bank, said its board of directors declared a quarterly cash dividend of 8 cents per share on its common stock, payable on Jan. 13, 2015 to stockholders of record on Dec. 19. 
  • Robert Genetski, one of the nation’s premier interest-rate forecasters known for his research of classic economic principles, recently drew more than 300 people to an economic breakfast in Palatine. Cornerstone Bank & Trust Company hosted the popular October event. We spoke with Genetski after the forecast about some specifics relating to the suburban area. 
  • CHICAGO -- Chicago proprietary trading firm 3Red Trading LLC and co-founders Igor Oystacher and Edwin Johnson were subpoenaed in a market manipulation probe by the Commodity Futures Trading Commission, as U.S. regulators intensify investigations of the practice of “spoofing.” 
 
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