News Topic: Illinois

The Illinois company agreed to pay $44 million to buy Guaranty Bank, the biggest institution based in Cedar Rapids, Iowa. ... Read full article

The bank is the second failure in Illinois so far in 2017. Seaway Bank was closed in late January. ... Read full article

Canadian Imperial Bank of Commerce increased its offer for PrivateBancorp Inc. by $3 a share in cash to offset the decline in the bidder's stock price. ... Read full article

Yman Vien says she lost her job at American Metro Bancorp because of her gender. The bank says the move was tied to poor decisions that led to a regulatory order in 2009. ... Read full article

Devon Bank in Chicago has a long history serving immigrant groups in one of the nation's most diverse neighborhoods. Right now, its clients are worried about President Trump's actions on immigration and deportation. ... Read full article

First Busey will pay $133 million in cash and stock for Mid Illinois in a deal that should close later this year. ... Read full article

State Bank of Texas, which bought the failed Seaway Bank in January, is selling nine branches to Self-Help Credit Union. ... Read full article

Premier Asset Management will add $550 million of assets under management to a platform that First Midwest has historically built with organic growth. ... Read full article

The Chicago company postponed a vote planned late last year after a surge in bank stocks changed the math behind the cash-and-stock transaction. ... Read full article

The move will more than double the size of Eldorado's branch network, while allowing MidCountry to exit the market. ... Read full article

The merger will create a bank with more than $4 billion in assets. ... Read full article

Fourth-quarter profits at Wintrust Financial in Rosemont, Ill., climbed 54% to $54.6 million from a year earlier, helped largely by acquisitions and increases in mortgage banking and other fee income. ... Read full article

The company will pay $23.4 million for the $194 million-asset parent of Capaha Bank. ... Read full article