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Wintrust Financial Corp Announces Plans To Acquire Diamond Bancorp Inc

Wednesday, 31 Jul 2013 04:48pm EDT 

Wintrust Financial Corp announced the signing of a definitive agreement to acquire Diamond Bancorp Inc. (Diamond). Diamond is the parent company of Diamond Bank, FSB (Diamond Bank). With a history dating back to 1886, Diamond Bank operates four banking locations in Chicago, Schaumburg, Elmhurst and Northbrook, Illinois. Diamond Bank has an established tradition of serving its communities dating back more than 100 years. As of June 30, 2013, it had approximately $165 million in assets and approximately $135 million in deposits. Diamond Bank's approach to customer service is similar to the philosophy embraced by each of the fifteen Wintrust Community Banks and their more than 115 banking locations. 

Company Quote

21 May 2015