Old Plank Trail Community Bank
Old Plank Trail Community Bank, N.A. is a community bank in Mokena, Illinois, founded in 1991 and operating as one of 16 Wintrust Financial Corporation charters serving consumer, small business, and commercial customers across south suburban Chicago and northwest Indiana with deposits, loans, mortgages, and wealth services.
- Company typePrivate
- Founded1991
- HeadquartersMokena, United States
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
What Old Plank Trail Community Bank does
Old Plank Trail Community Bank, N.A. is a national bank chartered community bank founded in 1991 and headquartered in Mokena, Illinois, operating as one of 16 community bank charters owned by Wintrust Financial Corporation (NASDAQ: WTFC). It serves consumer, small business, and commercial/middle-market customers primarily across south suburban Chicago and northwest Indiana, with parent-level reach to 200+ Wintrust Community Bank locations spanning Illinois, Indiana, Wisconsin, Michigan, and Florida.
The bank's product set spans three tiers of personal checking (Total Access, Access Plus, Premier), Statement Savings Advanced (2.00% APY) and 13-Month CDs (4.00% APY), Home Equity Lines of Credit at 6.75%-7.50% APR, Money Smart Checking for credit-building, and Everyday Loans. On the commercial side it offers three small-business checking tiers, SBA Express (up to $500K), SBA 7(a) (up to $5M) and SBA 504 (up to $10M) loans, MaxSafe deposit insurance enhancement up to $4M, i-BusinessBanking with i-BusinessCapturePro remote deposit, and Positive Pay fraud tools. Mortgages route through Wintrust Mortgage (a division of Barrington Bank & Trust, NMLS #449042), wealth management through Wintrust Wealth Management, and credit cards are issued by Elan Financial Services under Visa. The core technology platform is Wintrust Digital Banking (online and iOS/Android mobile) integrated with Zelle, Allpoint/MoneyPass/SUM ATM networks, and Trusteer fraud protection.
Revenue is generated through net interest income on mortgage, HELOC, commercial, SBA, asset-based, and consumer lending; deposit account fees (monthly maintenance, wires, stop payments) with relationship-balance waivers; interchange and fee revenue from the Elan-issued credit card portfolio; and asset-based fees from Wintrust Wealth Management. The go-to-market is a hybrid relationship-plus-digital model: face-to-face commercial bankers for SMB and middle-market customers combined with self-service digital channels for consumers. Customer segments include personal banking, small business, commercial/middle market, and community/nonprofit engagement, with relationship-based pricing tiered by combined balance.
Old Plank Trail Community Bank firmographics
Firmographics- Name
- Old Plank Trail Community Bank
- Legal name
- Old Plank Trail Community Bank, N.A.
- Website
- https://oldplanktrailbank.com
- Company type
- Private
- Founded year
- 1991
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Old Plank Trail Community Bank, N.A. is a community bank in Mokena, Illinois, founded in 1991 and operating as one of 16 Wintrust Financial Corporation charters serving consumer, small business, and commercial customers across south suburban Chicago and northwest Indiana with deposits, loans, mortgages, and wealth services.
- Ownership category
- akta.pro rank
Old Plank Trail Community Bank industry classification
Industry- Product category
- Community Banking
- NAICS
- Commercial Banking (522110), Depository Credit Intermediation (5221)
- SIC
- National Commercial Banks (6021), State Commercial Banks (6022)
- akta.pro primary industry
- Community Credit Unions (Retail/Consumer Focus) (FSABAEAA)
- akta.pro secondary industry
- Real Estate (Commercial Property, REITs) (FSABACAH)
Keywords
Where Old Plank Trail Community Bank is headquartered
LocationHeadquarters
- HQ city
- Mokena
- HQ country
- United States
- HQ region
- North America
Offices17 records
Markets served
Old Plank Trail Community Bank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Interest Income: Primary revenue from interest earned on loans including mortgages, HELOCs, commercial lending, small business loans, and consumer loans. Variable rate products tied to WSJ Prime rate.
- Deposit Account Fees: Monthly maintenance fees, wire transfer fees, ATM fees, and other account-related service charges. Fee waivers for relationship balance tiers.
- Credit Card Revenue Share: Partnership with Elan Financial Services for credit card issuance and processing, generating interchange and fee revenue.
- Wealth Management Services: Asset management, investment, and insurance products offered through Wintrust Wealth Management partnerships.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Total Access Checking - Basic everyday banking |
| Subscription | Monthly | Access Plus Checking - Enhanced benefits with interest |
| Subscription | Monthly | Premier Checking - Premium tier with highest benefits |
| Subscription | Monthly | Statement Savings Advanced Special |
| Subscription | Pay-as-you-go | 13-Month CD Special |
| Usage-based | Monthly | Home Equity Line of Credit (HELOC) |
| Subscription | Monthly | Everyday Loan |
| Subscription | Monthly | Money Smart Checking |
| Subscription | Monthly | Entrepreneur Checking - For startups |
| Subscription | Monthly | Business Community Checking - For established businesses |
| Subscription | Monthly | Have-It-All Business Checking - For larger enterprises |
| Other | Pay-as-you-go | SBA Express Loan |
| Other | Pay-as-you-go | SBA 7(a) Loan - Most popular |
| Other | Pay-as-you-go | SBA 504 Loan |
Go-to-market motion2 records
Distribution channels7 records
Marketing channels7 records
Old Plank Trail Community Bank product offering
Product offeringCore offering
Old Plank Trail Community Bank, N.A. is a community bank providing personal banking (checking, savings, CDs, HELOCs, mortgages, credit cards), small business banking (checking tiers, SBA loans, cash management tools), and commercial banking (asset-based lending, commercial lending, treasury management). Operating under Wintrust Financial Corporation, the bank serves the greater Chicago area, Illinois, and Indiana markets through branch locations and digital channels.
Product overview
Old Plank Trail Community Bank is a Wintrust Community Bank offering a comprehensive suite of personal, small business, and commercial banking products across multiple channels. The personal banking portfolio includes three checking tiers (Total Access, Access Plus, and Premier Checking), Statement Savings Advanced (2.00% APY), 13-Month CD Special (4.00% APY), Home Equity Lines of Credit, Money Smart Checking for credit-building, and Everyday Loans. The bank operates loyalty programs including the Platinum Adventures Club (for customers 50+) and Junior Savers Club (for children under 22). Small business offerings include three checking tiers (Entrepreneur, Business Community, Have-It-All), SBA loans (Express up to $500K, 7(a) up to $5M, 504 up to $10M), MaxSafe deposit insurance enhancement (up to $4M FDIC coverage), and cash management tools (i-BusinessBanking, i-BusinessCapturePro, Positive Pay, ACH Positive Pay). Commercial services include asset-based lending through Wintrust Business Credit, commercial lending, treasury management, and international services. The bank also provides mortgages through Wintrust Mortgage (a division of Barrington Bank & Trust) and wealth management through Wintrust Wealth Management. The bank is part of the larger Wintrust Financial Corporation network of 15+ community banks with 200+ locations.
Differentiator
Problem solved
Functional benefit
Brands
- Wintrust Community Bank: The parent brand network of community banks operated by Wintrust Financial Corporation
- Platinum Adventures Club
- Junior Savers Club
- Money Smart Checking
- MaxSafe
- Wintrust Mortgage
- Wintrust Wealth Management
Products and services
- Total Access Checking
- Access Plus Checking
- Premier Checking
- Statement Savings Advanced
- 13-Month CD Special
- Home Equity Line of Credit (HELOC)
- Money Smart Checking
- Everyday Loan
- Wintrust Mortgage
- Entrepreneur Checking
- Business Community Checking
- Have-It-All Business Checking
- i-BusinessBanking Platform
- MaxSafe Deposit Insurance Enhancement
- SBA Express Loan
- SBA 7(a) Loan
- SBA 504 Loan
- Asset-Based Lending
- Wintrust Wealth Management
- Credit Cards
Companies that use Old Plank Trail Community Bank
Customer profileNamed customers1 record
Segments4 records
Ideal customer profiles3 records
Old Plank Trail Community Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
Feature4 records
Old Plank Trail Community Bank partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Wintrust Mortgage (Division of Barrington Bank & Trust Company, N.A.)coreAffiliate mortgage lending division providing residential mortgage products; operates as division of Barrington Bank & Trust Company; NMLS #449042. Offers relationship pricing for existing bank customers.
- Elan Financial ServicescoreCredit card issuer and processor for Wintrust personal and business credit cards; provides card processing, fraud protection (zero fraud liability), and mobile purchasing capabilities under Visa license.
- Terry Hughes (Wintrust Wealth Management)minorWintrust Wealth Management business owner services contact for business succession planning, real estate trust solutions, and business risk management services.
- Dan Peluse (Wintrust Wealth Management)minorContact for employee retirement plan services within Wintrust Wealth Management's business owner services suite.
- FDIC (Federal Deposit Insurance Corporation)coreFederal regulatory agency providing deposit insurance coverage up to $250,000 per depositor. Wintrust's MaxSafe program extends this coverage to $4 million per accountholder through multi-charter structure.
Scale indicators4 records
Recent moves7 records
Expansion highlights6 records
Old Plank Trail Community Bank competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key highlights6 records
Customer concentration
Old Plank Trail Community Bank social profiles
Digital presenceOld Plank Trail Community Bank compliance and trust
Trust signalCompliance1 record
Old Plank Trail Community Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Old Plank Trail Community Bank leadership team
Management profileNumber of profiles
Profiles8 records
Old Plank Trail Community Bank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Old Plank Trail Community Bank M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Old Plank Trail Community Bank
What does Old Plank Trail Community Bank do?
Old Plank Trail Community Bank, N.A. is a community bank providing personal banking (checking, savings, CDs, HELOCs, mortgages, credit cards), small business banking (checking tiers, SBA loans, cash management tools), and commercial banking (asset-based lending, commercial lending, treasury management). Operating under Wintrust Financial Corporation, the bank serves the greater Chicago area, Illinois, and Indiana markets through branch locations and digital channels.
Is Old Plank Trail Community Bank a public or private company?
Old Plank Trail Community Bank is a private company. It is classified as corporate owned and is currently operating.
When was Old Plank Trail Community Bank founded?
Old Plank Trail Community Bank was founded in 1991. It employs 101 to 250 people.
Where is Old Plank Trail Community Bank based?
Old Plank Trail Community Bank is headquartered in Mokena, United States, in the North America region.
How does Old Plank Trail Community Bank make money?
Four revenue lines are on record. Interest Income is the primary driver. The others are deposit Account Fees, credit Card Revenue Share and wealth Management Services.
Does Old Plank Trail Community Bank have an API?
No public API is recorded for Old Plank Trail Community Bank.
What industry is Old Plank Trail Community Bank in?
Old Plank Trail Community Bank's product category is Community Banking. Its primary akta.pro industry code is FSABAEAA, Community Credit Unions (Retail/Consumer Focus), with a secondary code of FSABACAH, Real Estate (Commercial Property, REITs). Its NAICS code is 522110 and its SIC code is 6021.