-
Taylor Capital, Standard Bancshares and Community Financial Services are in the process of raising $260 million, prompting calls that the consolidation of still overbanked Chicago will heat up next year.
November 26 -
Donald Wilson, chairman of Community Financial Shares (CFIS) in Glen Ellyn, Ill., has been appointed the company's president and chief executive.
August 16 -
Community Financial Shares (CFIS) in Glen Ellyn, Ill., is extending its rights offering to boost shareholder participation.
March 18 -
Community Financial Shares (CFIS) in Glen Ellyn, Ill., has raised nearly $500,000 through a rights offering.
March 27
Community Financial Shares (CFIS) in Glen Ellyn, Ill., plans to issue $2.8 million of common stock in a private placement.
The $356.6 million-asset company said Wednesday that it will sell roughly 2.8 million shares of stock at a price of $1 a share. The transaction will
"We are very pleased to announce this capital raise and the continued expression of investor confidence in the company," Donald Wilson, the company's chairman, president, and chief executive, said in a press release. "The proceeds from this private placement offering, in addition to the proceeds from the previously announced rights offering, complete the planned capital infusion program and will enable us to further serve the needs of individuals and businesses in our markets."
The company expects to complete the offering in the third quarter.
