Cole Taylor Bank Opens Wisconsin Commercial Banking Office
Veteran Wisconsin banker, Russ Weyers, to lead market expansion
CHICAGO, July 16, 2012 /PRNewswire/ -- Taylor Capital Group, Inc. (the "Company") (NASDAQ: TAYC) announced today that Cole Taylor Bank (the "Bank") is expanding its commercial banking business into southeast Wisconsin through the opening of a new office in Franklin, Wisconsin. The office will be led by Russ Weyers, who brings more than 25 years of Wisconsin-based commercial banking experience to Cole Taylor.
Mr. Weyers is the former President and Chief Executive Officer of Johnson Bank in Racine, Wisconsin. He is past Chairman of the Wisconsin Bankers Association and also served on the board of the Federal Home Loan Bank of Chicago.
"I am very pleased to welcome Russ to Cole Taylor," said Mark A. Hoppe, President and Chief Executive Officer of the Bank. "As a leader in the southeastern Wisconsin community, Russ brings extensive market experience to our organization and with it, a deep network of relationships across the area. He is the ideal professional to bring Cole Taylor's expertise and relationship-based approach to middle market businesses."
Russ Weyers, Group Senior Vice President, added, "I'm delighted to be joining Cole Taylor Bank. The Bank's long-term focus on providing outstanding customer service and high-quality banking solutions is just what Wisconsin's business owners want from their bank. I'm confident they will find Cole Taylor and our local, responsive team a terrific option for their commercial banking relationship."
Cole Taylor Bank has an 80-year history of providing business owners and managers with comprehensive commercial banking services, including competitively priced loans and lines of credit, treasury management services and commercial mortgages.
The new commercial banking office, located at 9809 South Franklin Drive, Franklin, will be Cole Taylor's second operation in the state, joining Cole Taylor Business Capital's facility in Brookfield, Wisconsin.
About Taylor Capital Group, Inc. (NASDAQ: TAYC)
Taylor Capital Group, Inc. is the $4.7 billion bank holding company of Cole Taylor Bank, a commercial bank headquartered in Chicago. Cole Taylor specializes in serving the banking needs of closely held businesses and the people who own and manage them. Through its divisions Cole Taylor Business Capital and Cole Taylor Mortgage, the Bank also provides asset based lending and residential mortgage loan products through a growing network of offices throughout the United States. Cole Taylor is a member of the FDIC and is an Equal Housing Lender. Visit www.coletaylor.com.
SOURCE Taylor Capital Group, Inc.
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