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Crain's list of the Chicago area's largest banks features a new name chicagobusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chicagobusiness.com Daily Mail and Mail on Sunday newspapers.
The Chicago area has a new $1 billion bank. The First Secure Bank Group, based in Joliet, has acquired the parent of the $260 million-asset State Bank group in far north suburban Wonder Lake. The $33 million purchase, which closed last month, gives First Secure $1.1 billion in assets. More Chairman Jay Bergman, who made his money in the oil drilling business and still runs Hinsdale-based Petco Petroleum, broke into the local banking business in 2012. He and a group of investors acquired the troubled American Heartland Bank in far west suburban Sugar Grove. They added First Secure Bank in southwest suburban Palos Hills two years later and merged the two holding companies into the First Secure Bank Group. ....
Comings & Goings: Hog Wild to open in Oak Lawn, along with golf, coffee businesses, and more chicagotribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chicagotribune.com Daily Mail and Mail on Sunday newspapers.