Wintrust Financial to Acquire Oak Bank

Wintrust Financial signed a definitive agreement to acquire Rush-Oak, the parent company of Illinois-based Oak Bank, for an aggregate purchase price of approximately $46 million.

Wintrust Expands ABL Services with New A/R Finance Group

Wintrust expanded its asset-based lending group, Wintrust Business Credit, with the addition of a specialized team focused on accounts receivable financing. National Head of Originations Jason LeuVoy and Group Head John Marrinson will lead the new team.

Wintrust Acquires American Enterprise Bank Assets and Liabilities

Wintrust Financial’s subsidiary, Northbrook Bank & Trust, completed its acquisition of certain assets and the assumption of certain liabilities of American Enterprise Bank.