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As banking markets nationwide become increasingly consolidated and tied to large national and regional players, Byline Bank prides itself on deep Chicago roots stretching back 110 years. It touts an expert team of commercial bankers across various industries who take the time to get to know clients and provide customized financing solutions to drive long-term value.
As Byline strives to become the preeminent commercial bank in Chicago, the bank remains focused on creating lasting customer relationships and continually evolving to meet their needs.
“We want to empower our customers to write their own stories,” says Brogan Ptacin, Executive Vice President and Head of Commercial Banking. “Our goal is to help them build strong businesses fully backed by Byline.”
Right-Sized Partners
Byline Bank’s Commercial Banking group provides lending, treasury, wealth management, and other services, primarily to privately held, owner-occupied businesses based in Northern Illinois and Southern Wisconsin. Like the bank overall, the team is a nimble competitor thanks to its ability to make financing decisions locally.
“While we offer a lot of big-bank services, we’re still small enough that we can outrun competitors as far as speed to delivery,” adds Ptacin. “We understand that the timing of financing is critical to a company’s cash flow.”
Byline is a unique business partner in the local market because of its size. The bank is small enough to provide highly personalized service to clients, while large enough to offer the creative, sophisticated financing solutions that small and midsize businesses need to grow.
Into the Future
To support the full financial needs of commercial customers, the bank recently integrated Byline’s Wealth Management group—headed by expert Doug Throneburg, CFA, CFP, CPA, CIPM—into its Commercial Banking division. “We offer wealth management for commercial clients to enable a holistic customer view and avail ourselves in any way we can to business owners,” Ptacin says of the addition.
Ptacin and much of his team have been working together for decades in the Chicago area, and they continue to tap local talent as they add specialized industries and expertise to their offerings.
“We continue to grow the industries that we specialize in,” says Ptacin, “most recently adding two local veterans in Banking as a Service.”
The group also recently added a dedicated commercial lending team for the franchise and registered investment advisor sectors. The logistics and trucking industry is a longtime specialty for Byline that has “exploded” since the pandemic, says Ptacin.
In short, “We have the talent, expertise, and infrastructure to support the full spectrum of financing and banking needs for commercial clients,” says Ptacin. “Looking to the future, the runway is plentiful.”
Disclosure: Byline Bank is a member of FDIC and an Equal Housing Lender. Investment and Advisory Products are not FDIC insured – Not insured by any Federal Government Agency – Not Bank guaranteed -Not a deposit – May lose value. The above material has been provided for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. Readers should consult their own tax, legal and accounting advisors in addressing any of the above issues or for advice concerning a specific situation.
Contact Info:
Name: Allison Roche
Email: Send Email
Organization: Byline Bank
Address: 180 North LaSalle St. Chicago IL
Phone: (773) 244-7000
Website: https://www.bylinebank.com
Release ID: 89139021
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