March 13, 2023
Signature Bank Statement Update for Customers
As you are aware, the FDIC recently enforced two bank closures. To strengthen public confidence in the U.S. banking system, the FDIC took the additional step of covering all of the uninsured depositors at those banks. One of those closures occurred yesterday with a bank that has a name similar to ours – Signature Bank New York. We want to assure our clients, prospects, and partners that Signature Bank Chicago is not affiliated with this bank in any way and that Signature Bank Chicago is well capitalized and positioned for success, coming off of a record year in 2022.
March 13, 2023
Signature Bank Chicago’s Co-Founder Kevin Bastuga explains the confusion between 2 “Signature” banks

March 11, 2023
Illinois-Based Signature Bank Reports Record Results
Privately held Signature Bank headquartered in Rosemont, Illinois announced record returns and earnings in 2022. Return on Average Equity was 25.7% and net income increased 22.5% from 2021 to over $26 million.
November 12, 2021
AM 560 The Answer Awards Marketing Campaign to Business Boost Contest Winner
AM 560 The Answer announced today that Neennu Gupta, owner of Bottle & Bottega in Park Ridge, Illinois, was the winner of the station’s Business Boost contest, sponsored by Signature Bank.