Chicago bank becomes top Wisconsin SBA lender with acquisition
Chicago's Byline Bancorp Inc. this week completed its acquisition of Ridgestone Financial Services Inc., the Brookfield-based holding company for Ridgestone Bank.
The $105 million acquisition was originally announced in July by the Chicago financial institution, which is the holding company for Byline Bank. As a result of the merger, Byline has taken over Ridgestone's branch locations in Brookfield and in Schaumburg, Ill., as well as Ridgestone's nine loan production offices. The transaction...