Commercial bank's record growth and profitability land company on prestigious list with highest ranked return on equity
ROSEMONT, Ill., July 31, 2024 /PRNewswire-PRWeb/ -- Signature Bank Chicago, a leading independently owned business bank, today announced it has been named to Crain's Chicago Business' list of Largest Banks in Chicago. The bank ranks as the 15th largest bank in Chicago and has the highest "Return on average equity" and second highest "Return on average assets" and "Commercial loans" percentages. This achievement marks the bank's seventh consecutive year of record growth and profitability.
"It is an honor to once again have our growth, stability, and focus on delivering personalized business banking recognized by Crain's on the list of Largest Banks in Chicago," said Mick O'Rourke, President and CEO of Signature Bank Chicago. "The fact that we continue to land on this list is a testament to the partnerships we've formed with our customers, our dedication to Chicago and surrounding areas, and the hard work and dedication of our world-class team."
Signature Bank continues to distinguish itself through its customer-centric approach, offering a concierge business banking experience combined with a comprehensive suite of banking solutions including commercial banking, lending solutions, government-sponsored programs, and wealth management. The bank also continues to expand into new markets and has been increasing its footprint in Wisconsin while also exploring new vertical markets and dedicating focused banking solutions in aviation, law firms, manufacturing, fund banking, and more.
For additional information about Signature Bank and how it can help your Chicago- or Milwaukee-area business grow, contact Pete Olsen at 773-467-5630.
About Signature Bank
Signature Bank is an award-winning, relationship-based commercial bank wholly owned by Signature Bancorporation, Inc., a privately funded, locally owned bank holding company founded in 2006. Headquartered in Rosemont, IL, Signature Bank provides accessible, strategic, and highly individualized commercial banking services to closely held companies, as well as full-service retail banking capabilities. Technology-driven and well-capitalized, Signature Bank is currently the fastest-growing, independently-owned business bank in Chicagoland. Visit Signature Bank online at http://www.signaturebank.bank.
Media Contact
Ronda Duncan, Signature Bank, 8472549782, [email protected], https://www.signaturebank.bank/
SOURCE Signature Bank
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