bank

First Independence Bank will immediately operate the Chicago location as a branch of its own bank, with no expected disruption to customer access to accounts or services. #bank #chicago

Florin Nicolae Tarta, 40, of Satu Mare, Romania, was convicted earlier this year in federal court in Chicago on charges of bank fraud, access device fraud, and aggravated identity theft. #atm

On Monday, June 2, the jury in U.S. District Court in Chicago convicted him of one count of bank robbery, which is punishable by a maximum sentence of 20 years in federal prison. #convicted

Illinois Treasurer Michael Frerichs and JPMorganChase officials on Monday unveiled the reproduction of a ledger that contains records of Honest Abe’s banking activity ahead of Lincoln’s Birthday, which is Wednesday. #ledger

The law prohibits a credit card holder’s bank from charging or receiving interchange fees on portions of transactions, including taxes and gratuities. It is scheduled to go into effect July 1. #fees

Schiff, 50, of Riverwoods, Ill., pleaded guilty in 2023 to a federal bank fraud charge. In addition to the prison sentence, U.S. District Judge Mary M. Rowland on Jan. 16, 2025, ordered Schiff to pay $2,955,954 in restitution. #fraud

Tim Crane joined Wintrust in 2008 and has served as President of Wintrust since January, 2020. #wintrust