Illinois

QCR records impairment charge tied to planned advisory group sale

05/04/20

The Illinois company will sell Bates Cos. to an undisclosed buyer less than two years after buying the wealth management firm.

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State privacy bills try to cut banks a break, but not completely

02/24/20

Recent proposals considered or passed by legislatures around the country grant banks certain exemptions, but they differ from state to state and may pose new compliance headaches.

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NBT in New York buying employee benefits firm

02/04/20

The company agreed to acquire Alliance Benefit Group of Illinois, which has more than 600 clients and 40,000 plan participants.

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Wintrust lines up next-gen leadership with exec promotions

01/28/20

Timothy Crane is set to succeed Ed Wehmer as president, though Wehmer will remain the Illinois company's CEO.

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Chicago de novo bank effort cleared to raise capital

01/15/20

Organizers of First Women's Bank have also filled two key executive posts.

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Midwest banks resist urge to loosen lending standards

01/09/20

Even in the face of soft loan demand, banks in the region have held firm on terms. That should position them well for the next economic downturn.

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6 takeaways from bank M&A in 2019

01/05/20

Though there were several high-profile mergers of equals among bigger banks, deal activity rose only slightly, and the vast majority of transactions involved the smallest of institutions. Here's an overview of those trends and others that stood out in bank dealmaking last year.

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Iowa credit union to enter Illinois through bank acquisition

11/25/19

Collins Community Credit Union has agreed to buy First Savanna Savings Bank.

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Central Illinois community banks agree to merge

11/04/19

Tri County Financial will pay an undisclosed amount for H.F. Gehant Bancorp.

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HBT Financial in Illinois plans IPO

10/01/19

The company could raise as much as $158 million by selling shares to the public.

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