The PrivateBank and Trust Company is a middle market commercial bank based in Chicago IL. The parent company is known as PrivateBancorp, Inc, with Kevin M. Killips serving as the chief financial officer (CFO) of the company. The bank serves six US states with over 30 locations. These states are Illinois, Georgia, Missouri, Michigan, Kansas, and Wisconsin. The major markets served by the bank include Greater Atlanta, Chicago, Cleveland, Detroit, Denver, Des Moines, Kansas City, Minneapolis, Milwaukee, and St. Louis.
The Private Bank and Trust Company deals in personal and commercial banking products, treasury management, investment solutions, capital markets, private banking, and wealth management services. The products and services of the bank have been suitably tailored to meet the different needs of individuals & families, executives, entrepreneurs & business owners, and commercial real estate companies.
The personal banking services at The PrivateBank and Trust Company include checking & savings accounts, residential mortgage & home equity lines of credit, retirement accounts, and CDARS. Under commercial banking services it has to offer revolving lines of credit, letters of credit, term loans, syndication, specialty banking, asset-based lending, corporate depository and investment accounts, CDARS.
Besides, the bank also offers products and services related to commercial real estate lending, treasury management, capital markets, and wealth management & trust. Online banking is available under treasury management. PrivateBancorp was established in 1989. Its customer service is accessible 24 hours through phone. It has a toll-free number also, which is 800.662.7748.
|Bank Name||The PrivateBank and Trust Company|
|Year of Establishment||02-06-91|
|FDIC Insured Since||02-06-91|
|FDIC Certificate No||33306|
|Number of Branches||28 domestic + 0 foreign|
|Number of ATMs|
|Number of Employees||1,116|
|Number of States Served||5 States|
|Services Offered (Available Accounts)||Checking, Savings, Credit Cards, Debit Cards, Mortgage,|
|Mobile and Online Banking|
|Assets (June 30, 2014)||14,570,664|
|Deposits (June 30, 2014)||12,329,099|
|Equity Capital (June 30, 2014)||1,647,434|
|Net Income (June 30, 2014)||46,445|
|Primary Federal Regulator||Federal Deposit Insurance Corporation (FDIC)|
|Address||70 West Madison , Suite 200, Chicago,IL 60602|
(Courtesy: FDIC as on June 30, 2014)