CHICAGO, May 1, 2017 /PRNewswire/ -- Lakeside Bank was recently named the #1 bank in the state of Illinois for 2016 among all banks with $1 Billion to $10 Billion in assets. The annual rating was released by S&P Global Market Intelligence, a top provider of financial and industry data, research, news, and analytics to investment professionals, government agencies, corporations, and universities.
"Lakeside has a five decade history of hard work and personally tailored banking," Chairman and CEO, Phil Cacciatore, noted. "When you support your clients, your clients support you. We are proud and honored; it wouldn't be possible without our loyal clients and dedicated employees."
Cacciatore also commented on Lakeside's history of innovation: "We're also very proud to have always led our industry with initiatives." He noted Lakeside 'firsts' include the first bank in Chicago to:
- Make loans on Chicago's South Side.
- Offer Free Checking.
- Have an ATM.
- Offer Home Equity Loans (HELOC's).
Lakeside's focus on their clients, industry and new ideas has led to sustained growth. Assets have increased by more than a third in the last four years alone.
Lakeside Bank has seven branches in the Chicagoland area to serve the needs of multiple communities: Near North, Board of Trade, South Loop, Chinatown, Near West, Lakeview, and Elmhurst.
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SOURCE Lakeside Bank