Village Bank & Trust

What Village Bank & Trust does

Village Bank & Trust, N.A. is a federally chartered community bank subsidiary of Wintrust Financial Corporation (NASDAQ: WTFC), founded in 1991 and headquartered in Arlington Heights, Illinois. The bank operates 7 branches across the northern Chicago suburbs (Arlington Heights, Des Plaines, Mt. Prospect, Park Ridge, Prospect Heights, and Rolling Meadows) and serves three primary customer segments: retail consumers, small businesses, and middle-market commercial clients, with adjacent youth and senior programs.

The product platform spans a tiered personal banking suite (Total Access, Access Plus, and Premier Checking; Statement Savings; 13-month CDs; HELOCs; Wintrust Mortgage via Barrington Bank & Trust; and Visa credit cards issued through Elan Financial Services), a small business suite (Entrepreneur, Business Community, and Have-It-All Business Checking; i-BusinessBanking with token-based ACH and wire origination; Positive Pay fraud tools; SBA Express, 7(a), and 504 loans; and the MaxSafe program that distributes deposits across 16 Wintrust charters to deliver up to $4 million in FDIC coverage), and a commercial suite anchored by Wintrust Business Credit asset-based lending, commercial real estate, capital markets, and industry-specific verticals (franchise, HOA, ESOP, government, healthcare). The technology stack is a standard digital banking platform with iOS/Android apps, online banking portal, Zelle P2P payments, remote deposit capture, and Trusteer anti-fraud integration.

The revenue model is multi-stream: net interest income from lending (mortgages, HELOCs, personal loans, commercial and asset-based loans), net interest spread on deposits (2.00% APY savings, 4.00% CDs), subscription-style checking account fees (waived with relationship balances), transaction fees from treasury management and merchant processing, interchange from credit cards, and managed services revenue from Wintrust Wealth Management. Distribution is hybrid: 7 physical branches with designated personal and business bankers, a 24/7 Telebank call center, the Wintrust Digital Banking app, and the broader Wintrust network of 200+ community bank locations.

Name

Village Bank & Trust

Legal name

Village Bank & Trust, N.A.

Website

https://bankatvillage.com

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

51–100 employees

Short description

Village Bank & Trust, N.A. is a federally chartered community bank subsidiary of Wintrust Financial Corporation (NASDAQ: WTFC), serving retail, small business, and middle-market commercial customers across 7 branches in the northern Chicago suburbs with deposits, lending, and wealth management services.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Depository Credit Intermediation (5221), Commercial Banking (52211)

SIC

National Commercial Banks (6021)

akta.pro primary industry

Cooperative Banks (Member-Owned Commercial/Retail) (FSABAEAF)

akta.pro secondary industry

Student & Youth Banking (FSABAAAH)

Keywords

• Community banking
• Retail banking services
• Small business banking
• Commercial lending
• Treasury management

Headquarters

HQ city

Roselle

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Net Interest Income: Interest income from lending activities including mortgages, HELOCs, personal loans, business loans, and commercial lending, offset by interest paid on deposits
2. Checking Account Fees: Monthly maintenance fees on checking accounts (waived with minimum balances), with premium tiers like Access Plus ($10/month) and Premier Checking ($25/month) offering enhanced benefits
3. Savings and CD Interest Spread: Interest rate spread between savings account rates (2.00% APY Statement Savings) and lending rates, including certificate of deposit offerings at 4.00% APY
4. Credit Card Interchange: Credit card services provided through Elan Financial Services partnership, generating interchange revenue on card transactions
5. Wealth Management Services: Asset management, investment products, private client services, trust and estate services, and retirement plan services through Wintrust Wealth Management
6. Treasury Management and Cash Management Fees: Business banking services including merchant processing, wire transfers, ACH origination, and fraud prevention tools (Positive Pay)

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels6 records

Core offering

Village Bank & Trust is a community bank offering personal banking (checking, savings, CDs, debit cards), small business banking (Entrepreneur Checking, Business Community Checking), and commercial banking products including asset-based lending, commercial real estate lending, and treasury management. It serves consumers, small businesses, and middle-market commercial clients in the greater Chicago area as part of the Wintrust Community Banking network.

Product overview

Village Bank & Trust operates as part of the Wintrust Community Bank network, offering a multi-tiered banking platform organized across Personal Banking, Small Business Banking, Commercial Banking, and Wealth Management segments. The Personal Banking suite includes three checking tiers (Total Access Checking, Access Plus Checking, Premier Checking), savings products (Statement Savings Advanced, CDs including a 13-Month CD Special), credit solutions (HELOC, Mortgages via Wintrust Mortgage, Personal Credit Cards, Everyday Loan), and special programs (Money Smart Checking/Savings for credit-building, Platinum Adventures Club for 50+ customers, Junior Savers/Teen Banking Club for youth). Small Business Banking encompasses three checking account levels, SBA lending (Express, 7(a), 504 loans), MaxSafe FDIC insurance enhancement, cash management tools including i-BusinessBanking with mobile deposit capture, and business credit cards. Commercial Banking provides asset-based lending, commercial real estate, treasury management, and industry-specific services. The digital banking platform (Wintrust Digital Banking) connects these products through mobile and online channels with Zelle integration.

Differentiator

Problem solved

Functional benefit

Brands

• Platinum Adventures Club: A social and travel club for customers 50+ years of age, offering excursions, educational seminars, and community events.
• Junior Savers Club
• Money Smart Checking
• Money Smart Savings

Products and services

• Money Smart Checking

Quantifiable outcome

• 2.00% APY on Statement Savings Advanced accounts with qualifying activities
• +3 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature4 records

Partnerships

Six partnerships are on record, tiered core and minor.

• FDIC (Federal Deposit Insurance Corporation)coreOthersCore banking insurance partnership providing deposit insurance coverage up to $250,000 per depositor. Village Bank & Trust is a fully FDIC-insured institution. Through the MaxSafe program, deposits can be insured up to $4 million by spreading across 16 Wintrust bank charters.
• Elan Financial ServicescoreTechnology or IntegrationCredit card partnership where Elan Financial Services is the creditor and issuer of Visa credit cards for Wintrust Community Bank customers, including personal and business credit cards with features like zero fraud liability, mobile purchasing, and 24/7 cardmember service.
• FDIC (Money Smart Program)minorStrategic or Co-development PartnerPartnership with FDIC to offer Money Smart financial education curriculum through community classes for consumers, young adults, and small businesses seeking to expand their financial knowledge.
• NachacoreOthersACH Network governance partnership. Nacha governs the ACH Network driving direct deposits and direct payments. Wintrust helps customers understand and prepare for ACH rule changes including Same Day ACH, fraud monitoring requirements, and data security standards.
• Barrington Bank & Trust Company, N.A. (Wintrust Mortgage)coreOEM/ Whitelabel/ Licensing PartnerResidential lending provided through Wintrust Mortgage, a division of Barrington Bank & Trust Company, N.A., offering mortgages, refinancing, and home equity solutions. NMLS #449042.
• Wintrust Wealth ManagementcoreOEM/ Whitelabel/ Licensing PartnerWealth management services including asset management, investments, private client banking, trust and estate services, and retirement plan services offered through the Wintrust Wealth Management division.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Libertyville Bank & Trust: Another community bank subsidiary within the Wintrust Financial Corporation network, providing the same multi-segment banking services (retail, small business, commercial, wealth) in the northern Chicago suburbs. Operates with the same MaxSafe program, digital platform, and Wintrust-backed products as Village Bank & Trust.
• Barrington Bank & Trust Company, N.A. Sister Wintrust community bank charter serving the northwestern Chicago suburbs. Notably hosts the Wintrust Mortgage division that originates residential mortgages for Village Bank & Trust customers, making it both a peer and an internal product partner within the Wintrust network.
• Byline Bancorp, Inc. Chicago-based community bank holding company (NASDAQ: BY) operating Byline Bank, a Chicago-focused commercial and retail bank serving small businesses and middle-market companies. Comparable in scale and segment focus (small business, commercial lending) to Village Bank & Trust, with a similar community banking value proposition.
• Schaumburg Bank & Trust Company, N.A. Sister Wintrust community bank charter serving Schaumburg and surrounding Chicago suburbs. Operates with the same products, MaxSafe program, and digital platform as Village Bank & Trust, offering identical retail, small business, commercial, and wealth management services.
• Lake Forest Bank & Trust: Sister Wintrust community bank charter serving the affluent Lake Forest/north shore Chicago suburbs. Operates with the same Wintrust products, MaxSafe, digital banking platform, and multi-segment service model as Village Bank & Trust.

Broad incumbents

• Wintrust Financial Corporation: The publicly traded parent company (NASDAQ: WTFC) of Village Bank & Trust and 15 other community bank charters. Operates 200+ locations across Chicago, southern Wisconsin, west Michigan, northwestern Indiana, and southwest Florida, providing the broader context and centralized functions supporting Village Bank's operations.
• BMO Harris Bank: Major commercial bank operating extensively in the greater Chicago market as part of BMO Financial Group. Competes with Village Bank & Trust for retail deposits, small business banking, and middle-market commercial relationships in the same Chicago-area geography.
• Old National Bancorp: Multi-state community-focused bank holding company (NASDAQ: ONB) that acquired First Midwest Bancorp in 2022, expanding into the Chicago metro market. Competes with Village Bank & Trust in retail, small business, and commercial banking across the Midwest.
• Associated Banc-Corp: Midwest regional bank holding company (NYSE: ASB) headquartered in Green Bay, Wisconsin with operations across Illinois, Wisconsin, and Minnesota. Competes with Village Bank & Trust in retail, small business, and commercial banking, particularly in the northern Illinois market.
• JPMorgan Chase & Co. Largest U.S. bank with significant retail, small business, and commercial banking presence in the Chicago metropolitan area. Competes with Village Bank & Trust for retail deposits, business banking, and middle-market commercial relationships, particularly for larger companies seeking scale and digital capabilities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/BankAtVillage
• Facebookfacebook.com/BankatVillage

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Village Bank & Trust