Chicago de novo bank effort cleared to raise capital


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


Midwest banks resist urge to loosen lending standards


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.


6 takeaways from bank M&A in 2019


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.


Iowa credit union to enter Illinois through bank acquisition


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


Central Illinois community banks agree to merge


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


HBT Financial in Illinois plans IPO


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


Organizers apply with FDIC to open women-run bank in Chicago


FWBank would be led by Marianne Markowitz, former acting SBA director. Amy Fahey, a former JPMorgan Chase executive, would serve as chairman.


Illinois leads nation in bank M&A. Here's why.


Nearly a tenth of the industry’s deals this year were connected to the state, which boasts a good number of sought-after small banks.


RBB entering Chicago with PGB acquisition


Both banks focus on the Chinese-American community.


CFPB says Chicago debt collector made bogus threats against consumers


Asset Recovery Associates told borrowers that it could sue them, garnish their wages and place liens against their homes, according to a consent order by the consumer bureau.