CHICAGO BANK ACQUIRES PREMIER BANK ASSETS

by admin

CHICAGO — International Bank of Chicago has acquired the assets and deposits of Premier Bank, the Wilmette lender that was closed by state banking regulators. Premier Bank, which operates two Illinois locations in Wilmette and near the west side of Chicago, had approximately $269 million in assets and $199 million in total deposits as of Dec. 31, 2011. Premier locations re-opened on March 24 and will now operate as International Bank of Chicago.

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