Libertyville Bank and Trust

What Libertyville Bank and Trust does

Libertyville Bank & Trust Company, N.A. is a National Association chartered community bank operating as a wholly-owned subsidiary of Wintrust Financial Corporation (NASDAQ: WTFC), headquartered at 507 N. Milwaukee Ave., Libertyville, Illinois, with additional branches in Mundelein, Vernon Hills, Wauconda, and Gurnee. The bank provides full-service consumer, small business, and commercial banking products spanning deposit accounts (Total Access Checking, Access Plus Checking, Premier Checking, Money Smart Checking, Statement Savings Advanced), lending products (Home Equity Lines of Credit, SBA Express/7(a)/504 loans, Wintrust Mortgage, Everyday Loans), and commercial services including Treasury Management, Positive Pay fraud prevention, i-BusinessBanking, i-BusinessCapturePro, asset-based lending through Wintrust Business Credit, and the proprietary MaxSafe FDIC coverage enhancement program that raises insured deposits from $250,000 to $4 million per accountholder by spreading deposits across 16 community bank charters.

The bank runs on a relationship-banking distribution model supported by the unified Wintrust Digital Banking mobile and online platform (iOS/Android) with Zelle P2P payments, mobile deposit, and remote deposit capture, supplemented by integrations with Elan Financial Services for Visa credit cards, Trusteer for fraud protection, Nacha for ACH governance, OneTrust for consent management, and Google Maps for branch location. Sales motion is sales-led and community-focused: local bankers provide in-branch consultations, scheduled appointments, dedicated business bankers for SMB and commercial clients, and an industry-specialist overlay spanning franchise finance, ESOP, healthcare/not-for-profit, government/municipal, condo/HOA, and construction/engineering verticals.

Revenue is generated through traditional community banking mechanics: net interest income from mortgages, HELOCs, commercial loans, SBA loans, and consumer loans, supplemented by transaction-based fees including monthly maintenance fees on checking accounts, overdraft fees, wire transfer fees, credit card interchange through Elan Financial Services, and cash management service fees (merchant processing, ACH origination, treasury management). Customer segments are horizontally diversified across personal banking, small business banking, commercial banking, and persona-based segments (Platinum Adventures Club for customers 50+, Junior Savers Club and Teen Banking Club for under-22). As a subsidiary within Wintrust Financial's network of 200+ community bank locations, Libertyville Bank benefits from centralized back-office, technology, and risk functions while maintaining local brand identity and decision-making autonomy.

Name

Libertyville Bank and Trust

Legal name

Libertyville Bank & Trust Company, N.A.

Website

https://libertyvillebank.com

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

101–250 employees

Short description

Libertyville Bank & Trust Company, N.A. is a Wintrust Financial subsidiary offering community banking across northern Chicago suburbs, serving consumers, small businesses, and middle-market commercial clients with deposit accounts, SBA and commercial loans, mortgages, treasury management, and MaxSafe FDIC coverage enhancement.

Ownership category

akta.pro rank

Headquarters

HQ city

Rosamond

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, Technology or R&D, Marketing or Sales

Revenue model

1. Interest Income: Revenue from interest earned on loans including mortgages, HELOCs, commercial loans, SBA loans, and consumer loans
2. Deposit and Checking Fees: Monthly maintenance fees on checking accounts, overdraft fees, and other account-related charges
3. Wire Transfer Fees: Fees for outgoing and incoming domestic wire transfers
4. Credit Card Interchange: Revenue from credit card transactions (cards issued through Elan Financial Services)
5. Cash Management Services: Fees for merchant processing, ACH origination, wire transfers, and treasury management services for business customers

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

Libertyville Bank and Trust Company, N.A. is a community bank operating as part of the Wintrust Community Banks network. It offers personal deposit and lending products (checking, savings, HELOCs, mortgages, credit cards, personal loans), small business banking services (checking, SBA loans, merchant/cash management, MaxSafe deposit coverage), and commercial banking solutions including asset-based lending, treasury management, and industry-specific financing for middle-market companies. Services are delivered through local branch offices across northern Chicago suburbs and a digital/mobile banking platform.

Product overview

Libertyville Bank & Trust Company, N.A. is a Wintrust Community Bank offering a comprehensive, multi-segment banking platform spanning personal, small business, and commercial services. The bank's product portfolio includes deposit products (Total Access Checking, Access Plus Checking, Premier Checking, Statement Savings Advanced), lending solutions (Everyday Loans, Home Equity Lines of Credit, Wintrust Mortgage, SBA loans including Express/7(a)/504 variants), and business banking services (Entrepreneur/Business Community/Have-It-All checking accounts, i-BusinessBanking, MaxSafe deposit insurance enhancement, Treasury Management, Asset-Based Lending). The bank differentiates through community-focused offerings including Platinum Adventures Club (age 50+) and Junior Savers/Teen Banking Clubs, supplemented by wealth management and private client services. All services are accessible through Wintrust's digital banking platform and mobile applications.

Differentiator

Problem solved

Functional benefit

Brands

• Wintrust Digital Banking: Mobile and online banking platform for Wintrust Community Banks customers
• Money Smart Checking
• Money Smart Savings
• Junior Savers Club
• Platinum Adventures Club
• MaxSafe
• Everyday Loan
• Home Equity Line of Credit (HELOC)

Products and services

• Total Access Checking

Named customers2 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

Three partnerships are on record, tiered core and minor.

• Elan Financial ServicescoreTechnology or IntegrationElan Financial Services is the creditor and issuer of credit cards offered through Wintrust Community Banks, providing card processing, fraud protection, and cardmember services under Visa license.
• Wintrust Mortgage (Barrington Bank & Trust Company, N.A.)coreOEM/ Whitelabel/ Licensing PartnerResidential lending is provided through Wintrust Mortgage, a division of Barrington Bank & Trust Company, N.A., a Wintrust Community Bank. This affiliate provides mortgage origination and servicing across all Wintrust community banks.
• Village Bank & TrustminorOthersPart of the Wintrust Community Bank network, a sister bank serving Arlington Heights area with shared services and cross-referrals.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Lake Forest Bank & Trust: A Wintrust Community Bank charter serving Lake Forest and the northern Chicago suburbs. Operates the same community banking model with local decision-making, full product suite, and access to MaxSafe and Wintrust Wealth — directly comparable in scope, customer base, and geographic profile.
• Village Bank & Trust: Sister Wintrust Community Bank charter serving Arlington Heights and surrounding north/northwest Chicago suburbs. Shares the same technology platform, product set, and Wintrust parent structure — a benchmark for how Libertyville's charter economics likely perform.
• Barrington Bank & Trust: Wintrust Community Bank charter serving the Barrington-area northwest suburbs. Operates the Wintrust Mortgage division and shares the same community banking framework, deposit/lending mix, and MaxSafe structure as Libertyville.
• Hinsdale Bank & Trust: Wintrust Community Bank charter located in the western Chicago suburbs. Direct peer with shared technology infrastructure, identical product menu, and overlapping customer segments in personal and small business banking.
• Mundelein Community Bank: Sister Wintrust Community Bank charter located in Mundelein, IL — operating in the same northern Chicago suburb geography as Libertyville Bank & Trust. Useful direct peer for local market share dynamics and community banking economics.
• Vernon Hills Bank & Trust: Wintrust Community Bank charter in Vernon Hills, IL — functionally overlaps with Libertyville Bank's Vernon Hills branch. Identical customer profile, same product offerings, and shared Wintrust infrastructure.
• Byline Bancorp: Chicago-headquartered community bank holding company operating Byline Bank, focused on small business and middle-market lending across the Chicago metro. Comparable commercial banking depth, community banking orientation, and regional footprint.
• First Busey Corporation: Illinois-based community bank holding company with branches across Illinois, Indiana, Florida, and Missouri. Overlap in midwestern community banking model, small business/commercial banking emphasis, and wealth management.

Broad incumbents

• Old National Bancorp: Indiana-headquartered regional bank holding company that acquired First Midwest, creating a major Midwest banking franchise. Wider geographic reach and larger asset base than Libertyville but operates in overlapping personal and commercial banking segments across Chicagoland.
• Wintrust Financial Corporation: Public NASDAQ-listed holding company (WTFC) and parent of Libertyville Bank & Trust. Operates the broader Wintrust network including Wintrust Mortgage, Wintrust Wealth, Wintrust Business Credit, and all community bank charters — useful for benchmarking parent-level strategic priorities and consolidated performance.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/libertyvillebnk
• Facebookfacebook.com/libertyvillebank
• LinkedInlinkedin.com/company/libertyville-bank-and-trust

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

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 Libertyville Bank and Trust