Owned by Wintrust, Palatine Bank and Trust has earned a reputation for its community involvement, while providing a wealth of personalized services to its customers.
Palatine Bank and Trust is a branch of Barrington Bank & Trust, a Wintrust Community Bank, and opened its doors in the spring of 2005 at 110 W. Palatine Road. Since the beginning, their commitment has been to provide community-focused banking services for both businesses and individuals.
The bank’s philosophy is to take a personal approach, while offering all of the products and services larger banks do. Wintrust itself has a robust portfolio; it is the 2nd largest locally owned bank in the Chicago area, with assets exceeding $20 billion.
“As a community bank, we do ensure that there is a strong and personal focus on our client needs, whether they be a business owner or an area resident,” said Deborah Armstrong, Palatine Bank and Trust President. “Our employees are strongly encouraged to take an active role in our community.”
Community Business Lending is one of the many services provided, which is tailored specifically to client needs. Lending decisions are made locally, and clients are mostly closely held businesses.
Palatine Bank and Trust, along with five other branches in Hoffman Estates, Hanover Park and Barrington make up the Barrington Bank and Trust charter.
All of the locations pride themselves on providing an array of services for the local community, including financial literacy, and other educational resources for the consumer as well as the business owner.
Consumer lending and compliance is handled at the Palatine branch by Bridget Witt, who also actively services business and consumer accounts.
“We are proud to exist as a hometown bank, and able to offer any service that larger banks can,” Witt said.
For more information, visit www.PalatineBank.com.
Palatine Bank and Trust is a member of the Downtown Palatine Business Association (DPBA), an organization whose goal is to promote commerce for the member businesses of downtown Palatine. Visit www.DowntownPalatine.org to learn more.