Supriya Ghosh (Editor)

Byline Bank

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Type
  
Private

Products
  
Banking

Headquarters
  
Founded
  
1978

Industry
  
Finance

Website
  
www.bylinebank.com

Number of locations
  
87

Byline Bank chambermasterblobcorewindowsnetimagesmembers

Key people
  
Alberto Paracchini ,President & CEO

Profiles

A devbridge case study byline bank


Byline Bank is an American bank based in Chicago. It operates eighty-seven bank branches in the Chicago metropolitan area. The bank came close to failing in 2013 before obtaining new investment from BXM Holdings.

Contents

History

In 2009, Metropolitan Bank Group accepted US$71.5 million from the Troubled Asset Relief Program during the 2007–2012 global financial crisis. In 2013, it received a US$207 million investment from BXM Holdings LLC, which was headed by Chicago banker Roberto Herencia. The bank was under several consent orders and was within weeks of being closed by federal regulators.

In 2015, Metropolitan Bank Group renamed itself and all its subsidiaries to the new name, Byline Bank.

Locations

Mapped locations of branches and AT Machines.

Former subsidiary banks

  • Allegiance Community Bank
  • Archer Bank
  • Chicago Community Bank
  • Citizens Community Bank
  • Community Bank of DuPage
  • First Commercial Bank
  • Metrobank
  • North Community Bank
  • Oswego Community Bank
  • Plaza Bank
  • References

    Byline Bank Wikipedia


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