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Byline Bank is an American bank based in Chicago. It operates over fifty bank branches in the Chicago metropolitan area. The bank came close to failing in 2013 before obtaining new investment from BXM Holdings.
Video Byline Bank
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.
Maps Byline Bank
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
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References
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External links
- Byline Bank
Source of article : Wikipedia
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