Announced
Completed
Synopsis
Wintrust, a financial services company, completed the merger with Macatawa Bank, a provider of investment and financial services, in a $510m deal. “Macatawa Bank provides an ideal platform to expand into West Michigan with a very solid bank. The bank has a strong core deposit base, exceptional asset quality, a client focused culture, and a committed leadership team. Together, we will be a formidable, community-minded competitor to the other banks in the area. We look forward to providing Macatawa Bank’s customers with an expanded array of products and services and are thrilled to welcome Macatawa Bank clients and team members to the Wintrust family," Timothy S. Crane, Wintrust President and CEO.
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