Category: Economy

Maywood Company Seeks Tax Break That Could Shave $1.4M Off 10-Year Bill

Friday, September 7, 2018 || By Michael Romain || @maywoodnews 

Featured image: National Cycle in Maywood, which is looking to secure a tax break so that it can expand its footprint and shore up its finances. | Google Maps 

One of Maywood’s oldest businesses came before the village’s Board of Trustees earlier this month to ask for a significant tax break as it experiences turbulent market conditions and a change in its financial fortunes amid plans to expand its operations.

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Urban Partnership Bank Acquired By Providence Bank & Trust

Thursday, September 6, 2018 || By Michael Romain | @maywoodnews 

Featured image: Urban Partership Bank in Bellwood. 

In a joint statement released on Sept. 6, Providence Bank & Trust and Urban Partnership Bank announced that they have reached an agreement for Providence to acquire Urban Partnership. The two banks will combine their operations.

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Lightford Blasts Proposed Currency Exchange Check-cashing Fee Hikes

Tuesday, December 12, 2017 || By Igor Studenkov/Wednesday Journal || @maywoodnews 

State Sen. Kimberly Lightford (4th), whose district includes all or parts of Bellwood, Broadview, Maywood and Melrose Park, has come out strongly against a proposal to increase the fees that currency exchanges charge every time a customer cashes a check.

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