Taylor Capital Group Inc.

Description

Taylor Capital Group, Inc. operates as the bank holding company for Cole Taylor Bank that provides a range of banking products and services in the greater Chicago metro area. The company operates in two segments, Banking and Mortgage Banking. Its deposit products include checking, savings, and money market accounts, as well as time deposits, noninterest and interest-bearing demand deposits, certificates of deposits, and various public funds. The companys loan products comprise working capital loans, business expansion or acquisition loans, owner-occupied commercial real estate financing, and stand-by and commercial letters of credit. It also originates, sells, and services mortgage loans; and originates and syndicates commercial equipment leases. In addition, the company provides treasury cash management services that include repurchase agreements, interest rate swap, Internet balance reporting, remote deposit capture, positive pay, automated clearing house products, imaged lock-box processing, controlled disbursement, and account reconciliation services. Further, it offers asset-based lending services, such as revolving lines of credit supported by receivables and inventory; and term loans supported by equipment and real estate. The company serves various businesses in industries, such as manufacturing, wholesale and retail distribution, transportation, construction contracting, and professional services, as well as commercial clients and community-based customers. It operates through nine banking centers in the Chicago area, as well as through online. The company was founded in 1929 and is headquartered in Rosemont, Illinois. As of August 18, 2014, Taylor Capital Group Inc. operates as a subsidiary of MB Financial Inc.

Tags:

Loans and Financial, Retail Banking Loans, Bank Capital, Real Estate Banking, Business Loans, Banking Markets, Personal Loans, Market Loans, Loan Management