CHICAGO, Nov. 10, 2015 (GLOBE NEWSWIRE) -- Wintrust has officially completed the move into its new home, for certain business units, at 231 S. LaSalle, in the heart of Chicago’s financial district. The company’s long-term lease of the main banking hall, multiple floors, retail space and primary signage of the iconic building was announced in July of 2014. Since that time, Wintrust has been working to restore the building, particularly the Grand Banking Hall, to reveal the ornate architectural detail and refined structure of the historic building. Its first event in the newly re-opened space will be a reception honoring World War II veterans and Holocaust survivors Tuesday, November 10.
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“We are excited to finally reveal the newly renovated building,” said Wintrust CEO and President Ed Wehmer. “When we reached our 20-year anniversary, we knew we wanted to be Chicago’s bank, but that’s hard to do without a prominent home in the city’s financial district. This move lets the area know we are major players in this market.”
Wintrust will use several floors of the building, which will now be home to the Wintrust Commercial Banking and Wintrust Wealth Management groups. With multiple business units using the new space, it will serve as a more centralized focal point for Wintrust’s downtown presence.
The Grand Banking Hall will serve as a venue for the company’s functions as well as those hosted by Wintrust’s partner organizations. The hall will be an expansion of the “community room” concept practiced by Wintrust Community Banks, offering event space to local philanthropic and partner organizations in need. That practice is part of how Wintrust builds relationships with the communities its banks serve and the same concept will apply at the LaSalle Street building as well.
Wintrust is still in the process of replacing the stone signage on the outside of the building, which will read “Wintrust Financial Corporation.”
About Wintrust
Wintrust is a financial holding company with assets of approximately $22 billion whose common stock is traded on the NASDAQ Global Select Market. Built on the “HAVE IT ALL” model, Wintrust offers sophisticated technology and resources of a large bank while focusing on providing service-based community banking to each and every customer. Wintrust operates fifteen community bank subsidiaries, now with over 150 banking locations located in the greater Chicago and southern Wisconsin market areas. Additionally, the Company operates various non-bank business units including one of the largest commercial insurance premium finance companies operating in the United States and Canada, a company providing short-term accounts receivable financing and value-added out-sourced administrative services to the temporary staffing services industry, a business unit engaging primarily in the origination and purchase of residential mortgages for sale into the secondary market throughout the United States, and companies providing wealth management services.
Wintrust Community Banks are Members FDIC and Equal Housing Lenders.
The photos are also available at Newscom, www.newscom.com, and via AP PhotoExpress.