Business Wire

FHLBank Chicago Awards $52 Million in Affordable Housing Grants to Strengthen Communities throughout Illinois and Wisconsin

CHICAGO--(BUSINESS WIRE)--The Federal Home Loan Bank of Chicago (FHLBank Chicago) today announced it has awarded $52 million through its 2025 Affordable Housing Program (AHP) General Fund round to ...
Business Wire

FHLBank Chicago Releases 2024 Impact Report, Highlighting Growing Contributions to Housing and Community Development Across Illinois and Wisconsin

CHICAGO--(BUSINESS WIRE)--The Federal Home Loan Bank of Chicago (FHLBank Chicago) today released its 2024 Impact Report, highlighting a year of continued strength and service to member financial ...
Crain's Chicago Business

Sale of Amalgamated Bank craters

The $98 million deal to sell Amalgamated Bank of Chicago has fallen through. In a terse announcement after the close of trading today, Amalgamated Financial, the parent of unaffiliated Amalgamated ...
Chicago Tribune

Chicago-based Northern Trust said it plans to remain independent, despite reported BNY merger talk

Northern Trust, the oldest major Chicago bank left standing on its own in the age of consolidation, said it plans to remain independent, despite reports that New York-based banking giant BNY reached ...
Crain's Chicago Business

Investors sour on First Midwest, Old Second bank mergers

Wall Street isn’t cheering Chicago's latest transformative bank mergers. Chicago-based First Midwest’s pending sale to the parent of Evansville, Ind.-based Old National Bank is worth $260 million less ...