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.
Continue reading “Urban Partnership Bank Acquired By Providence Bank & Trust”
Thursday, February 15, 2018 || By Local News Curator || @maywoodnews
Featured image: Urban Partnership Bank in Bellwood. | Urban Partnership Bank
Crain’s Chicago Business reported on Thursday that Urban Partnership Bank, which was established after ShoreBank failed in 2010, “is seeking a buyer.” The bank has a branch located at 4310 St. Charles Rd., in Bellwood.
Continue reading “Urban Partnership Bank, Which Has A Branch In Bellwood, For Sale”
Wednesday, June 15, 2016 || By Michael Romain || @maywoodnews || @village_free Seaway Bank & Trust, the largest black-owned bank in the Midwest, may have to start raising money to stay solvent, according to a June 11 Crain’s report. As of March 31, the business publication noted, Seaway had lost a total of $16 million over the last 15 months. “Seaway is currently engaging investment bankers for a … Continue reading Seaway Bank, Lender to Maywood Taxing Bodies, in Financial Trouble