Reposition
Town Bank, a Wintrust Community Bank, has 19 locations. It provides a wide array of commercial and private banking services. Since its inception in 1998, the bank has grown to more than $1.5 billion in assets. Town Bank is a true community bank; it is locally operated and decisions regarding rates, products and loan approvals are made on-site. Deposits of the bank are reinvested into the community.
The People’s Bank of China held the 1-year loan prime rate at 3.1%, and the 5-year LPR at 3.6%, according to the PBOC statement. The PBOC has ramped up measures lately to avoid a sharp fall in the cur...
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