CHICAGO - April 25, 2008 - Signature Bancorporation, Inc. today announced that it surpassed $100 million in assets only 18 months after its grand opening.
"This milestone underscores Signature Bank's position that we are filling a need in Chicago for a hometown bank that supports the growing needs of the community," stated Michael O'Rourke, president of Signature Bank. "We want to thank everyone who made this achievement possible including our customers, employees and shareholders."
Signature Bank attributes this achievement to its relentless focus on building strong relationships with its clients and its emphasis on understanding the challenges they face in today's business environment.
In addition to surpassing the $100 million milestone, Signature Bank also announced that it has hired Gregory J. Woodin as vice president with its commercial banking group. Woodin was most recently with LaSalle Bank-Bank of America where he served as a vice president with its Metropolitan Banking Illinois group in Vernon Hills, Illinois.
"Greg brings excellent experience with commercial banking to Signature Bank and will be a great asset to the team," stated O'Rourke.
Signature Bank, the largest privately funded de novo bank in Illinois, is headquartered at 6400 N. Northwest Highway, Chicago, IL 60631 and can be reached at 773-467-5600 or through http://www.signature-bank.com.
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Signature Bank
is wholly owned by Signature Bancorporation,
Inc. Signature Bancorporation is the
largest privately funded de novo bank
holding company in Illinois. Based
in Chicago, Signature Bank specializes
in middle-market commercial banking
and is a full-service retail bank
offering a breadth of financial product
lines to consumers. Signature Bank
offers a unique balance of relationship-driven
service with leading-edge technology
to provide customers with the personalization
they expect from a community bank
and the technology capabilities they
demand from a national chain. Visit
Signature Bank online at www.signature-bank.com |
