CHICAGO - November 9, 2007 - Signature Bancorporation, Inc. officially opened the doors of its second branch today in downtown Chicago. This new branch joins the headquarters branch located on the northwest side of the city.
Signature Bank announced earlier this quarter that it achieved profitability less than one year after receiving its charter and as a result decided to move ahead of plan on opening its next branch location at 191 N. Wacker Drive.
"We are obviously excited at the reaction Signature Bank has received in the marketplace," stated Michael O'Rourke, president of Signature Bank. "We are confident that a Chicago bank like Signature Bank will continue to fill a void in the community left by acquisition and consolidation of Chicago-based banks."
The bank considers a "Loop" location a natural progression for the bank's Chicago-area focus and strategy.
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 full 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 bank. Visit Signature Bank online at www.signature-bank.com. Member FDIC. |
