March 28 - Chicago-based Cole Taylor Bank, a wholly owned subsidiary of Taylor Capital Group Inc. (NASDAQ: TAYC), has opened a new commercial banking office in Lombard, Ill. The office is located near the intersection of Butterfield Road and Highland Avenue in Cole Taylor Bank's Lombard banking center. The office will serve new and existing clients along the busy I-88 industrial corridor and other DuPage County business centers.
Heading up the office will be Thomas W. Ryan, group senior vice president, commercial banking. Ryan has more than 25 years of experience in serving companies in the region. He and his team of relationship banking experts will focus on meeting the specialized banking needs of closely held middle market businesses in the area.
"I'm delighted to announce the opening of this new office," said Lawrence G. Ryan, executive vice president and chief lending officer. "Having Tom and his team on the ground in Lombard will bring Cole Taylor Bank's relationship-based approach closer to the businesses that call DuPage County home."
Tom Ryan, in commenting on the new office, said, "We're excited by the opportunities this new office provides. Having our team located directly in the markets we serve will further enhance our ability to provide customized lending solutions and proactive, responsive service to the individuals who own and manage companies across the region."
Thomas Ryan, Group Senior Vice President
Cole Taylor Bank
3 Yorktown Center
Lombard, IL 60148
About Cole Taylor Bank
Cole Taylor Bank is a commercial bank headquartered in Chicago with assets of $5.8 billion as of Dec. 31, 2012. The bank specializes in serving the banking needs of closely held businesses and the people who manage them. With its national businesses, Cole Taylor Business Capital, Cole Taylor Equipment Finance and Cole Taylor Mortgage, the bank also provides asset based lending, commercial equipment leasing and residential mortgage lending through a growing network of offices throughout the United States. Visit www.coletaylor.com.