Largest Merger Ever of Two Chicago-Based Banks
MB Financial, Inc. (NASDAQ: MBFI), the parent company of MB Financial
Bank, N.A., announced today that it has completed its acquisition of
Taylor Capital Group, Inc., and that Cole Taylor Bank has been merged
into MB Financial Bank.
In commenting on the transaction, Mitchell Feiger, President and Chief
Executive Officer of MB Financial Inc., said, “The completion of this
transaction represents one of the most significant milestones in our
more than one hundred year history and is the largest merger ever of two
Chicago-based banks. I’m delighted to welcome Mark Hoppe and his
colleagues to MB Financial and am confident that the combined
organization will be an even stronger ally for our clients and our
MB Financial Bank President and Chief Executive Officer Mark A. Hoppe
noted, “With nearly $15 billion in assets and one of the strongest
middle-market, relationship-based teams in the marketplace, we’re ready
to focus even more intensely on helping our clients and prospects grow
About MB Financial, Inc. (NASDAQ: MBFI)
MB Financial Inc. is the Chicago-based holding company for MB Financial
Bank, N.A., which has approximately $15 billion in assets and a more
than one hundred year history of building deep and lasting relationships
with middle-market companies and individuals. MB offers a full range of
powerful financial solutions and the expertise and experience of bankers
who are focused on their clients’ success.
Learn more about MB Financial, Inc. at www.mbfinancial.com.
Safe Harbor Statement: Statements in this press release that are not
historical facts are "forward-looking statements" within the meaning of
the Private Securities Litigation Reform Act of 1995. By their nature,
such statements are subject to numerous factors that could cause actual
results to differ materially from those anticipated in such statements,
as discussed in MB Financial’s filings with the Securities and Exchange
MB Financial, Inc.
Jill York, Vice President and Chief Financial
Source: MB Financial, Inc.