Illinois

Parkway Bancorp in Harwood Heights, Ill., has agreed to buy Park Bancorp in Chicago.

QCR Holdings in Moline, Ill., will sell 2.8 million shares in a public offering.

It's not just about the new name and brand. Vibrant CU, previously named DHCU, has embarked on a full-scale culture change, as well, seeking to create an enhanced member experience that will lead to deeper relationships that are more profitable for the member and CU alike.

MOLINE, ILL. — Dennis Hall, president and CEO of IH Mississippi Valley Credit Union, announced that he is retiring.

First Midwest Bank in Itasca, Ill., increased profits in the first quarter thanks to higher lending income, but fell short of heightened expectations set after two major acquisitions last year.

Higher-than-expected revenue growth and improved asset quality propelled Northern Trust Corp. to strong profit gains in the quarter that ended March 31.

Wintrust Financial in Rosemont, Ill., reported first-quarter earnings of $39.1 million, up 13% from a year earlier, as loans increased and mortgage revenue rose.

IF Bancorp in Watseka, Ill., has selected the successor for its retiring president and chief executive.

Wintrust Financial in Rosemont, Ill., has announced its second acquisition in four days.

The $20 billion-asset Wintrust will pay $17 million in cash for the $108 million-asset North Bank, which serves Chicago's River North and Streeterville neighborhoods.

Amalgamated Bank of Chicago has sold its headquarters building for $35 million.

LAKE BLUFF, Ill. — Total overdraft revenue for 2014 slipped by 0.31% to $31.8 billion (down from $31.9 billion in 2013), but credit unions were near the forefront of that slide with a 3.9% decline — the first ever for CUs.

Foresight Financial Group in Rockford, Ill., has agreed to buy State Bank of Herscher in Herscher, Ill.

Joseph Stilwell hopes a fourth challenge against Harvard Illinois Bancorp is successful.

BETHALTO, Ill. — The final bell has rung for School District #9 Credit Union in Granite City, Ill., as it was officially merged into $585 million 1st MidAmerica Credit Union, here.

Sterling Bancorp in Montebello, N.Y., has acquired payroll funding firm Damian Services Corp.

Wintrust Financial in Rosemont, Ill., has agreed to buy Community Financial Shares in Wheaton, Ill.

Bank of Edwardsville in Illinois is set to have a new leader.

The Illinois Department of Financial and Professional Regulation closed the $54.7 million-asset Highland Community Bank in Chicago on Friday.

Seaway Bank and Trust in Chicago has entered into a consent order with state and federal regulators.