Barrington Bank & Trust

What Barrington Bank & Trust does

Barrington Bank & Trust Company, N.A. is a community bank headquartered in Barrington, Illinois, and a wholly-owned subsidiary of Wintrust Financial Corporation, a regional financial holding company with $74 billion in assets across 16 community bank charters. The bank operates a branch network in Barrington, Hanover Park, Hawthorn Woods, Hoffman Estates, and Palatine, serving retail consumers, small businesses, and middle-market commercial clients. Reported assets at the standalone charter are nearly $2 billion, with #1 market share in Barrington under Chairman Brad Stetson.

The bank offers a full suite of deposit and lending products across three customer tiers. Personal banking includes Total Access Checking, Access Plus Checking, and Premier Checking, plus Statement Savings, CDs, HELOCs, mortgages via Wintrust Mortgage (NMLS #449042), and Visa credit cards issued through Elan Financial Services. Small-business and middle-market products include Entrepreneur Checking, Business Community Checking, Have-It-All Business Checking, SBA Express/7(a)/504 lending, MaxSafe (an FDIC insurance enhancement that lifts coverage to $4M per accountholder by spreading deposits across 16 charters), and asset-based lending. Distribution combines physical branches with the Wintrust Digital Banking platform (iOS/Android app, mobile deposit, Zelle, Positive Pay fraud controls) and ATM access through Allpoint, MoneyPass, and SUM networks.

The revenue model is a standard community-bank mix: net interest income from mortgages, commercial loans, consumer loans, and home equity lines of credit; non-interest income from account fees, overdraft, wires, and treasury management; mortgage origination and servicing through Wintrust Mortgage; and fee-based wealth management revenue. Customer acquisition runs through branch-based relationship management, community events and sponsorships, the FDIC Money Smart financial education program, and loyalty programs (Platinum Adventures for 50+, Junior Savers and Teen Banking Clubs). Go-to-market is sales-led, blending direct-to-consumer banking with relationship-based commercial cross-selling.

Name

Barrington Bank & Trust

Legal name

Barrington Bank & Trust Company, N.A.

Website

https://barringtonbank.com

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

51–100 employees

Short description

Barrington Bank & Trust Company, N.A. is a Wintrust Financial Corporation subsidiary operating community bank branches in suburban Chicago, offering retail checking, savings, lending, mortgage, and wealth management products alongside commercial and SBA lending to consumers, small businesses, and middle-market companies.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Depository Credit Intermediation (5221), Savings Institutions and Other Depository Credit Intermediation (522180), Portfolio Management and Investment Advice (523940)

SIC

National Commercial Banks (6021), Investment Advice (6282)

akta.pro primary industry

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)

akta.pro secondary industries

SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC), Real Estate (Commercial Property, REITs) (FSABACAH), Private Banking Lending (Securities-Backed, Real Estate, Structured Credit) (FSABADAE)

Keywords

• Community banking services
• Commercial lending solutions
• Small business banking
• Wealth management services
• Mortgage and home equity lending

Headquarters

HQ city

Barrington

HQ country

United States

HQ region

North America

Offices10 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Net Interest Income: Interest income generated from lending activities including mortgages, commercial loans, consumer loans, and home equity lines of credit. Interest paid on deposits represents the primary cost structure.
2. Non-Interest Income: Fee income from account maintenance, overdraft fees, wire transfer fees, ATM fees, safe deposit box rentals, and treasury management services.
3. Mortgage Banking: Residential lending provided through Wintrust Mortgage division, generating origination fees and servicing income.
4. Wealth Management Services: Asset management, investment services, private banking, and trust services generating fee-based revenue.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Barrington Bank & Trust provides community-based retail and commercial banking products including checking, savings, certificates of deposit, mortgages, home equity lines of credit, credit cards, small business and SBA lending, asset-based commercial lending, treasury management, and wealth management services. It serves individual consumers, small businesses, and middle-market companies through 10+ branch locations in the Chicago northwest suburbs and a digital banking platform, operating as a subsidiary of Wintrust Financial Corporation.

Product overview

Barrington Bank & Trust Company, N.A. is a Wintrust Community Bank offering a comprehensive suite of banking products and services through a multi-channel platform. The portfolio includes personal banking products (Total Access Checking, Access Plus Checking, Premier Checking, Statement Savings, Home Equity Lines of Credit), credit building solutions (Money Smart Checking®, Money Smart Savings®, Everyday Loan), and loyalty programs (Junior Savers Club®, Platinum Adventures® Club). For small businesses, offerings encompass Entrepreneur Checking, Business Community Checking, Have-It-All® Business Checking, SBA lending products (Express, 7(a), 504), and MaxSafe FDIC enhancement. The bank operates Wintrust Mortgage as its residential lending division and provides commercial lending through asset-based lending, treasury management, and specialized industry financing. Digital banking services are delivered through Wintrust Digital Banking (online and mobile platforms).

Differentiator

Problem solved

Functional benefit

Brands

• Wintrust Mortgage: National mortgage lending division of Barrington Bank & Trust Company, N.A., NMLS #449042
• MaxSafe
• Money Smart Checking
• Money Smart Savings
• Platinum Adventures Club
• Junior Savers Club
• Teen Banking Club
• Total Access Checking
• Access Plus Checking
• Premier Checking

Products and services

• Total Access Checking Everyday banking basics checking account with Early Pay feature (paycheck up to two business days early), free nationwide ATM access via Allpoint, MoneyPass, and SUM networks, and no minimum monthly balance or maintenance fees. Requires $100 to open. For individual consumers seeking accessible everyday banking.
• Access Plus Checking Enhanced checking account paying variable monthly interest with fee waivers on safe deposit box, first order of specialty checks, incoming wires, money orders, and one outgoing domestic wire reimbursement. Requires $2,500 average daily balance or $25,000 combined relationship balance to avoid $10 monthly fee. For consumers seeking interest and added benefits.
• Premier Checking Premium tiered checking account with variable interest, 0.15% rate bonus on Statement Savings Advanced, waived safe deposit box and stop payment fees, and up to five outgoing domestic wire reimbursements. Requires $10,000 average daily balance or $75,000 combined relationship balance to avoid $25 monthly fee. For high-relationship retail consumers.
• Statement Savings Advanced Special Interest-bearing high-yield savings account offering 2.00% APY with qualifying activities. Variable rate, no minimum to open, $200 daily balance to avoid $5 monthly maintenance fee, new money only. For consumers seeking yield on liquid savings.
• 13-Month CD Special Fixed-rate 13-month certificate of deposit offering 4.00% APY as of 6/10/26 with $1,000 minimum to open. Auto-renews into a different-term CD at the standard rate upon maturity. For consumers seeking guaranteed-term deposit returns.
• Money Smart Checking® Credit-building checking account with $10 to open, no minimum balance or maintenance fees, debit card with up to six free out-of-network ATM reimbursements, optional Dollar-A-Day Savings Service, and no overdraft fees. For individuals establishing or rebuilding credit.
• Money Smart Savings® Interest-bearing savings account designed to pair with Money Smart Checking® for credit building, linking to the existing debit card for up to six free out-of-network ATM reimbursements per calendar month. For individuals building savings alongside credit.
• Everyday Loan Fixed-rate personal loan up to $5,000 with quick approval, priced at Prime + 5.00% (11.75% APR as of 12/15/25 example), available in 12 or 24 month terms, designed for credit building. For consumers establishing or repairing credit history.
• Money Smart CD Loan Credit-builder loan starting at $500 used to open a matching certificate of deposit. Fixed monthly payments on the loan build payment history, and upon payoff the customer owns the CD with earned interest. For consumers building credit and savings simultaneously.
• Personal Credit Cards Visa credit cards issued by Elan Financial Services offering flexible purchasing power, Zero Fraud Liability, 24/7 cardmember service, and multiple options including rewards, cash back, and credit-building variants. For individual consumers seeking revolving consumer credit.
• Home Equity Line of Credit (HELOC) Variable-rate revolving credit line secured by home equity, with current rates from 6.75% to 7.50% APR tiered by line size ($500,000+ at 6.75%; $10,000-$99,999 at 7.50% as of 12/15/25), a 10-year draw period and 20-year repayment period, and a $75 annual fee waived the first year. For homeowners seeking flexible access to equity.
• Wintrust Mortgage Residential mortgage lending division of Barrington Bank & Trust Company, N.A. providing purchase, refinance, and home equity funding solutions nationwide under NMLS #449042, with a Relationship Pricing Program for eligible Wintrust deposit/investment customers. For consumers seeking residential home financing.
• Platinum Adventures® Club Social and travel loyalty club for customers aged 50 and older offering seminars, activities, trips, quarterly newsletters, and exclusive events. For mature retail customers seeking community engagement.
• Junior Savers Club® Custodial savings account for children under age 22 with a $10 bonus for new accounts completing qualifying activities, plus free events, giveaways, field trips, and Treat Dollars at local businesses. For families seeking financial literacy and youth savings.
• Entrepreneur Checking Business checking account for startups with no monthly maintenance fee or minimum balance for fewer than 75 transactions, 150 free monthly transactions, free single-user i-BusinessBanking profile, free online statements, and mobile remote deposit capture. For early-stage small businesses.
• Business Community Checking Business checking account for established businesses with no monthly maintenance fee when maintaining a $2,500 minimum average collected balance, 250 free monthly transactions, and a free i-BusinessBanking profile with unlimited non-token users. For operating small businesses.
• Have-It-All® Business Checking Premium business checking account for larger enterprises with a $20,000 minimum average collected balance to avoid a $30 monthly maintenance fee and 400 free monthly transactions. For higher-volume small businesses.
• MaxSafe FDIC insurance enhancement program that increases coverage from $250,000 to $4 million per accountholder by spreading deposits across 16 Wintrust community bank charters, available as a CD or Money Market account with $1,000 minimum deposit. For businesses and high-net-worth individuals seeking higher insured deposit capacity.
• SBA Express Loan SBA-guaranteed loan up to $500,000 for expansions, acquisitions, and cash flow management, with lower down payments on fixed-asset loans, longer amortization, expedited turnaround, and revolving lines of credit available. For small businesses seeking government-guaranteed financing.
• SBA 7(a) Loan SBA-guaranteed loan up to $5 million for business expansion, company acquisition, or debt refinance, where the loan amount may exceed traditional bank collateral requirements and fees can be financed. For small businesses seeking larger SBA financing.
• SBA 504 Loan SBA-guaranteed loan up to $10 million for acquisition or refinance of equipment and owner-occupied real estate, with down payments as low as 10% and longer-term fixed rates on a portion of financing. For small businesses financing owner-occupied real estate and equipment.
• Easy Access Business Credit Revolving lines of credit and term loans for small business cash flow, equipment purchases, inventory financing, and overdraft protection. For small businesses needing flexible short-term credit facilities.
• Business Credit Cards Business credit cards with low-rate, cash back, or flexible rewards options, free online expense reporting, no additional-card fees, and mobile payment capability, issued by Elan Financial Services. For small business owners seeking revolving business credit.
• Asset-Based Lending Wintrust Business Credit provides revolving lines of credit secured by accounts receivable and inventory plus term loans secured by equipment and real estate for middle-market companies, structuring complex financing beyond traditional bank offerings. For middle-market commercial borrowers.
• Wintrust Digital Banking Online and mobile banking platform providing account access, mobile deposit, Zelle® peer-to-peer transfers, financial insights, ACH/wire origination, bill pay, and account management via web portal and iOS/Android apps. For retail and small business customers seeking 24/7 digital access.

Quantifiable outcome

• $2 billion in assets achieved by Barrington Bank & Trust under current leadership
• +3 more outcomes

Named customers5 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration11 records

Feature4 records

Partnerships

Six partnerships are on record, tiered core and supporting.

• Wintrust MortgagecoreStrategic or Co-development PartnerWintrust Mortgage is a division of Barrington Bank & Trust Company, N.A. that provides residential mortgage lending services nationwide, operating under NMLS #449042. Provides mortgage products, refinancing, and home equity solutions to bank customers.
• Allpoint, MoneyPass, SUM NetworkssupportingTechnology or IntegrationATM network partnerships providing surcharge-free ATM access to Wintrust customers at thousands of locations nationwide. Allpoint, MoneyPass, and SUM network ATMs are covered under the bank's fee reimbursement programs.
• Elan Financial ServicessupportingTechnology or IntegrationCredit card issuer and servicer for Wintrust's personal and business credit card programs. Elan Financial Services provides card processing, fraud protection (Zero Fraud Liability), and 24/7 customer service for credit card accounts.
• TrusteersupportingTechnology or IntegrationCybersecurity partnership providing free fraud protection software to small business customers to protect against malware infections and phishing attacks through the Cash Management platform.
• FDIC (Money Smart Program)supportingStrategic or Co-development PartnerPartnership with Federal Deposit Insurance Corporation to provide Money Smart financial education curriculum to consumers, young adults, and small businesses in the communities served by Wintrust Community Banks.
• U.S. Small Business AdministrationcoreStrategic or Co-development PartnerSBA preferred lender offering SBA Express (up to $500K), SBA 7(a) (up to $5M), and SBA 504 loans (up to $10M) to support small business growth, acquisitions, and real estate purchases through government-guaranteed financing programs.

Scale indicators6 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Byline Bank: Chicago-based community bank offering personal and business banking, commercial lending, and wealth services to similar suburban Chicago customer segments. Comparable scale and product mix make it the closest independent peer for benchmarking.
• Old Second National Bank: Illinois-based community bank serving Chicago western suburbs with retail, business, and treasury management products. Similar relationship-banking model and comparable asset scale (~couple billion).
• Marquette Bank: Chicago community bank serving the southwest suburbs and Chicago metro with personal, business, and wealth services. Comparable deposit-funded lending model and middle-market focus.
• Schaumburg Bank & Trust: Sister community bank charter under the same Wintrust Financial parent; shares products, platform, and leadership structure while operating in adjacent NW suburban geography.
• Bridgeview Bank Group: Chicago-area community bank with personal, business, and commercial lending products serving similar small/mid-market customer segments across metro Chicago.
• Libertyville Bank & Trust: Another Wintrust sister charter operating in the northern Chicago suburbs with identical community-bank product menu and shared Wintrust back-office infrastructure.
• First Bank of Highland Park: Independent community bank in Highland Park, IL — a wealthy North Shore suburb analogous to Barrington. Almost identical customer demographic, branch-driven GTM, and product set.
• North Shore Trust and Savings Bank: Suburban Chicago community bank in adjacent geographic territory offering personal and business banking with a relationship-driven model similar to Barrington Bank & Trust.
• Village Bank & Trust: Wintrust sister community bank charter offering the same product suite via local decision-making in its suburban Illinois footprint; useful benchmark for charter-level operational economics.

Emerging players

• Wintrust Mortgage: The residential mortgage lending division of Barrington Bank & Trust itself (NMLS #449042); a partial-overlap unit rather than a separately operated peer, included for context on the parent's product extension strategy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/user/wintrust
• Facebookfacebook.com/BarringtonBank
• LinkedInlinkedin.com/company/wintrust
• Xx.com/Wintrust

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles22 records

Subsidiaries1 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 Barrington Bank & Trust