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.
Archive
Signature Bank Chicago’s Co-Founder Kevin Bastuga explains the confusion between 2 “Signature” banks
Signature Bank Chicago Secures ‘Best Bank to Work For’ Distinction for 6th Straight Year
Signature Bank Chicago, a premier independently owned business bank, has been named one of the Best Banks to Work For in the U.S. for the 6th consecutive year by American Banker. In collaboration with Best Companies Group, American Banker identified banks that stand out in fostering positive and supportive workplaces for their employees.
Signature Bank Chicago Announces Key Milestones Achieved in 2023
Record growth and profitability, yields 23% increase in net income over 2022
Signature Bank Chicago, a premier independently owned business bank, today announced impressive milestones achieved in 2023, including record earnings, industry accolades and strategic hires.
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.
Signature Bank Exceeds $100 Million In Assets
Chicago De Novo Bank Succeeds In Beating Benchmark And Continues Momentum With Additional Hiring
Signature Bank Expands With New Chicago-Area Headquarters
Commercial Banking Growth Spurs Need For New Facility
Signature Bank Joins Entrepreneurs’ Organization Chicago Chapter as Platinum Sponsor, Hosts Accelerator Learning Day for Business Owners
Partnership helps local entrepreneurs achieve business success
Signature Bank Named to List of Top 100 Community Banks in the U.S.
Chicago-based Signature Bank was named one of the top 100 community banks in the U.S. by S&P Global Market Intelligence.
Signature Bank Continues to Reinvest in Chicago through Misericordia Donation
Giving Back to the Community a Significant Priority for “Your Kind of Bank”