Crain’s: Seaway Bank’s New Owners Will Preserve Its Name, Say Deposits are Safe | But Who to Blame for the Failure?

Seaway Bank & Trusts’ Maywood branch. Chicago’s largest black-owned bank failed earlier this year. | File Monday, February 13, 2017 || By Local News Curator || @maywoodnews A Feb. 4 Crain’s Chicago Business report caught up with Sushil Patel, the president of State Bank of Texas, which now owns the now-defunct Seaway Bank & Trust, once the state’s largest black-owned bank. Patel told Crain’s reporter … Continue reading Crain’s: Seaway Bank’s New Owners Will Preserve Its Name, Say Deposits are Safe | But Who to Blame for the Failure?

This November, Voters to Decide on Whether to Keep the Cook County Recorder’s Office

Recorder of Deeds Karen Yarbrough. The Cook County Board of Commissioners has approved a measure that would allow voters to decide on whether or not the county should fold the office into the clerk’s office.  Friday, June 1, 2016 || By Michael Romain || @maywoodnews || @village_free || UPDATED: 6:25 p.m. At a June 29 regular meeting, the Cook County Board of Commissioners voted 10-5 to attempt to do something … Continue reading This November, Voters to Decide on Whether to Keep the Cook County Recorder’s Office

Congressman Counters Retirement Rumors

U.S. Rep. Danny K. Davis. Wednesday, August 12, 2015 || By Michael Romain  Danny Davis also says he won’t endorse Boykin for U.S. Senate until the commissioner formally declares U.S. Rep. Danny K. Davis (D-7th) is trying to dispel widespread rumors that he’s going to retire soon. A recent article by Crain’s Chicago Business columnist Greg Hinz hinted at the possibility of Davis retiring before … Continue reading Congressman Counters Retirement Rumors