Illinois

The nearly $5 billion deal to acquire MB Financial would provide the Cincinnati company with immediate scale in the Windy City.

Although there's often a tension between regulation and innovation, the sandbox concept can help startups, regulators and incumbent banks better navigate experimental financial technologies.

The serial acquirer is buying Delaware Place Bank, which is less than 1% of its size.

Three corporate credit unions now fund the check-processing services LLC.

Darlyne Keller replaces former CEO Michael Rosek, who left the Illinois-based credit union last year to take the helm at another CU in Minnesota.

Although there's often a tension between regulation and innovation, the sandbox concept can help startups, regulators and incumbent banks better navigate experimental financial technologies.

First Personal Bank in Illinois tried — and failed — to sell itself three times. The bank finally found an eager buyer after tackling several lingering problems.

Steven Bugg is set to take the top job at the Illinois-based credit union.

The Illinois company has agreed to buy Springfield Bancshares for $87 million.

The Chicago custody bank also benefited from a recent acquisition of a UBS business in Europe and the lower federal income tax rate.