Wintrust Financial Corporation Announces the Closing of the Acquisition of Diamond Bancorp, Inc.Company Release – 10/18/2013 18:15
ROSEMONT, Ill., Oct. 18, 2013 — Wintrust Financial Corporation (“Wintrust”) (Nasdaq:WTFC) today announced the completion of its previously announced acquisition of Diamond Bancorp, Inc. (“Diamond”). Diamond is the parent company of Diamond Bank, FSB (“Diamond Bank”). With a history dating back to 1886, Diamond Bank operates four banking locations in Chicago, Schaumburg, Elmhurst and Northbrook, Illinois. Following the transaction, Diamond Bank will be merged into Wintrust’s wholly-owned subsidiary, North Shore Community Bank & Trust Company. Diamond Bank’s banking locations will operate as branches of North Shore Community Bank & Trust Company.
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