Illinois

Wintrust Financial (WTFC) of Rosemont, Ill., is planning to raise capital by issuing subordinated debt.

SCHAUMBERG, Ill. — The reduction in mortgage demand has some credit unions reaching down to slightly lower credit scores.

SCHAUMBURG, Ill. — John Fiore, who has been with $885 million Motorola Employees Credit Union for 45 years — including the last 29 as its president and CEO — on Wednesday announced he will retire on Aug. 29.

Harvard Illinois Bancorp (HARI) has extended its string of victories against activist investor Joseph Stilwell.

After dropping its first "pop up" branch in Atlanta less than a year ago, PNC Bank has opened a second in Chicago's Congress Plaza.

Illinois state regulators closed the $66.3 million-asset AztecAmerica Bank in Berwyn on Friday.

LOVES PARK, Ill. — Police are still searching for an armed robber who discharged his weapon inside the main office of Rockford Bell Credit Union Thursday before fleeing from the CU with an undisclosed amount of money.

Taylor Capital (TAYC) in Chicago has been notified by the Federal Reserve Board that its bank is facing an enforcement action for employing deceptive trade practices.

Taylor Capital (TAYC) in Chicago is no longer looking to sell its mortgage banking operation.

CHICAGO — A customizable website to help credit unions promote financial education made the final three at this year's CO-OP THINK Prize.

First Mid-Illinois Bancshares (FMBH) in Mattoon, Ill., has received approval from the Nasdaq Stock Market to list its common stock on the Nasdaq Global Market.

First American Bank in Elk Grove Village, Ill., has agreed to buy Bank of Coral Gables in Florida.

Harvard Illinois Bancorp wants to name the son of a retiring director to replace him. It says the son is qualified for the job, but investor Joseph Stilwell -- who is backing another nominee to the board -- disagrees.

Popular (BPOP) in San Juan, Puerto Rico, has found buyers for its regional operations in Illinois, California and central Florida.

PrivateBancorp (PVTB) in Chicago beat quarterly earnings estimates as its lending revenue and credit quality continued to improve.

Joseph Stilwell used a photo of the then-chairman of Harvard Illinois snoozing at last year's annual meeting as part of his fight for representation on the board. Harvard's board accused Stilwell of waging his battle "in the gutter."

BETHALTO, Ill. — Laclede Community Credit Union and 1st MidAmerica CU have agreed to merge.

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Wintrust Financial (WTFC) in Rosemont, Ill., has agreed to buy 11 branches in Wisconsin from Talmer Bancorp (TLMR) in Troy, Mich.

Sugar Creek Financial in Trenton, Ill., has completed its conversion from a mutual holding company to a publicly traded company.