First National Bank of Evergreen Park

What First National Bank of Evergreen Park does

First National Bank of Evergreen Park is a community bank operating under the Beverly Bank & Trust Company, N.A. charter within the Wintrust Financial Corporation (NASDAQ: WTFC) network. Founded in 1991 and headquartered in Evergreen Park, Illinois, the bank serves individual consumers, small businesses, and commercial clients through a relationship-based model combined with digital banking channels. Its core business spans deposit products (checking, savings, CDs), consumer lending (mortgages, HELOCs, credit cards, credit-building loans), small business banking (SBA loans, lines of credit, business checking), and commercial finance (asset-based lending, treasury management, capital markets, commercial real estate).

The technology stack is largely inherited from Wintrust's shared platforms: Wintrust Digital Banking (iOS and Android) provides mobile and online banking with Zelle peer-to-peer payments, mobile deposit, and Early Pay (up to 2 business days early). Notable proprietary features include MaxSafe, which extends FDIC coverage to $4 million per accountholder by spreading deposits across 16 Wintrust community bank charters, and a tiered multi-bank-charter structure that supports enhanced deposit insurance. The bank also offers specialty loyalty programs — Junior Savers Club for children and Platinum Adventures Club for customers 50+ — that drive community engagement and household-level relationship stickiness.

Revenue is generated through net interest income (interest earned on mortgages, HELOCs, business and commercial loans priced at Prime plus margins), fee income (monthly maintenance fees, overdraft, wire transfers, safe deposit), and fee-based revenue streams (wealth management via Wintrust Wealth Management, mortgage origination via Wintrust Mortgage, and asset-based lending via Wintrust Business Credit). The bank's go-to-market is primarily direct-to-consumer and sales-led, leveraging physical branches, local boards of directors, community events, and digital channels to acquire and retain customers across consumer, small business, and commercial segments. Revenue is not publicly disclosed at the individual charter level.

Name

First National Bank of Evergreen Park

Legal name

First National Bank of Evergreen Park

Website

https://bankevergreenpark.com

Company type

Private

Founded year

1991

Operating status

Operating

Short description

First National Bank of Evergreen Park is a Wintrust Financial Corporation community bank subsidiary serving consumers, small businesses, and commercial clients in Evergreen Park, Illinois, with deposit products, consumer and commercial lending, and digital banking.

Ownership category

akta.pro rank

Headquarters

HQ city

Evergreen Park

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income: Revenue from interest earned on loans including mortgages, HELOCs, personal loans, business loans, and commercial lending. Interest rate margins based on prime rate plus margins.
2. Deposit Account Fees: Monthly maintenance fees, overdraft fees, wire transfer fees, and other service charges on consumer and business deposit accounts.
3. Wealth Management Services: Asset management, private banking, investment services, and trust services through Wintrust Wealth Management.
4. Mortgage Lending: Residential mortgage origination through Wintrust Mortgage, a division of Barrington Bank & Trust Company, N.A.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

First National Bank of Evergreen Park is a community bank offering personal deposit products (checking, savings, CDs), consumer lending (mortgages, HELOCs, credit cards, personal loans), small business banking (SBA loans, business checking, cash management, MaxSafe), and commercial banking (asset-based lending, treasury management, commercial real estate). The bank operates as a subsidiary of Wintrust Financial Corporation under the Beverly Bank & Trust charter, serving the Evergreen Park, Illinois community and surrounding Chicago-area markets.

Product overview

First National Bank of Evergreen Park operates as a Wintrust Community Bank offering a comprehensive suite of personal, small business, and commercial banking products organized as a platform-plus-modules architecture. The core banking platform encompasses deposit products (checking, savings, CDs) alongside lending solutions (mortgages, HELOCs, credit cards, business loans), supported by digital banking channels including mobile apps and online banking. Specialty programs include MaxSafe for extended FDIC coverage, SBA lending through Express/7(a)/504 programs, asset-based lending for commercial customers, and loyalty programs (Junior Savers Club for youth and Platinum Adventures Club for seniors 50+). Wealth management, treasury management, and international services extend the portfolio as distinct business units. The bank maintains 200+ locations across the greater Chicago, southern Wisconsin, west Michigan, northwestern Indiana, and southwest Florida market areas.

Differentiator

Problem solved

Functional benefit

Brands

• Money Smart Checking®: A checking account designed to help customers improve their financial picture with $10 to open, no minimum balance, and optional savings program.
• Platinum Adventures® Club
• Junior Savers Club®

Products and services

• Total Access Checking Basic everyday banking checking account with early direct deposit up to two business days early, free nationwide ATM access through Allpoint, MoneyPass, and SUM networks, and no minimum balance or monthly fees. Designed for personal banking customers seeking simple, accessible checking.
• Access Plus Checking Interest-bearing checking account with enhanced benefits including waived safe deposit box fees, free checks, and wire transfer reimbursements. $10 monthly fee waived with $2,500 average daily balance or $25,000 combined relationship balance. For personal banking customers seeking interest on deposits with fee benefits.
• Premier Checking Premium tiered interest checking account with the highest benefits including rate bonuses on Statement Savings, up to 5 domestic wire reimbursements, waived stop payment fees, and 3x10 safe deposit box. $25 monthly fee waived with $10,000 average daily balance or $75,000 combined relationship balance. For high-balance personal banking customers.
• Statement Savings Advanced Special Interest-bearing savings account offering 2.00% APY promotional rate requiring $200 daily minimum balance to avoid maintenance fee, available to new money deposits only. For personal banking customers seeking higher-yield savings.
• 13-Month CD Special Certificate of deposit offering 4.00% APY fixed-rate savings with $1,000 minimum to open, automatically renewing at standard rates upon maturity. For personal banking customers seeking guaranteed-rate term deposits.
• Personal Credit Cards Visa credit cards issued through Elan Financial Services featuring zero fraud liability, mobile purchasing capability, 24/7 cardmember service, and options for cash back, rewards, and credit building. For personal banking customers seeking credit card products.
• Home Equity Line of Credit (HELOC) Variable-rate revolving credit line secured by home equity ranging from $10,000 to $500,000+ with fixed-rate lock options, 10-year draw period, and 20-year repayment period. For personal banking customers seeking home-secured credit.
• Money Smart Checking® Credit-building checking account requiring $10 to open with no overdraft fees, optional Dollar-A-Day savings transfer program, and up to 6 free out-of-network ATM reimbursements per statement cycle. Designed for customers building or repairing credit.
• Money Smart Savings® Interest-bearing savings account paired with Money Smart Checking featuring up to 6 free out-of-network ATM reimbursements per month. For customers in the credit-building program.
• Everyday Loan Fixed-rate personal loan up to $5,000 with approval based on Prime Rate plus 5.00% margin, designed as a lower-cost alternative to credit cards with quick approval decisions. For credit-building customers.
• Money Smart CD Loan Secured loan product where borrowed funds open a CD, requiring fixed monthly payments with CD principal and earned interest released upon loan payoff. For credit-building customers.
• Wintrust Mortgage Residential mortgage lending through Wintrust Mortgage (a division of Barrington Bank & Trust Company, N.A.) offering purchase, refinance, and home equity funding solutions with relationship pricing for existing customers. For personal banking customers seeking home financing.
• Entrepreneur Checking Small business checking account with no minimum balance or maintenance fees, 150 free monthly transactions, and free i-BusinessBanking profile with mobile deposit. Designed for startups and small businesses.
• Business Community Checking Business checking account with 250 free monthly transactions and free i-BusinessBanking with unlimited non-token users. $20 monthly maintenance fee waived with $2,500 minimum average collected balance. For established small businesses.
• Have-It-All® Business Checking Premium business checking for larger enterprises with 400 free monthly transactions. $30 monthly maintenance fee waived with $20,000 minimum average collected balance. For higher-volume business customers.
• MaxSafe FDIC insurance enhancement program extending coverage from standard $250,000 to up to $4 million per accountholder by spreading deposits across 16 Wintrust community bank charters. For business and personal customers with deposits exceeding standard FDIC limits.
• SBA Express Loan Small Business Administration Express Loan up to $500,000 with expedited turnaround for business expansions, acquisitions, and cash flow management with lower down payments. For small businesses seeking SBA-backed financing.
• SBA 7(a) Loan SBA 7(a) loan up to $5 million for business expansion, acquisitions, and debt refinance with financing that can exceed traditional collateral requirements. For small businesses seeking larger SBA-backed financing.
• SBA 504 Loan SBA 504 loan up to $10 million for equipment and owner-occupied real estate acquisition with down payments as low as 10% and longer fixed-rate terms. For small businesses seeking real estate and equipment financing.
• Easy Access Line of Credit Revolving business credit lines and term loans for small business working capital, equipment purchases, and inventory financing. For small businesses seeking flexible credit facilities.
• Wintrust Business Credit (Asset-Based Lending) Asset-based revolving lines of credit on accounts receivable and inventory plus term loans secured by equipment and real estate for middle-market companies through Wintrust Business Credit division. For commercial clients needing working capital, recapitalization, and debt restructuring.
• Treasury Management Services Cash management services for businesses including merchant processing, remote deposit capture via i-BusinessCapturePro, ACH origination, wire transfers, and Positive Pay fraud prevention. For business and commercial customers managing cash flow and payment operations.
• Wintrust Digital Banking Online and mobile banking platform providing account management, mobile deposit, Zelle peer-to-peer payments, bill pay, and financial insights through iOS and Android apps. For personal and business banking customers seeking 24/7 self-service banking.
• Wealth Management Services Asset management, private banking, investment services, and trust services provided through Wintrust Wealth Management as an affiliated division. For personal banking customers and small business owners seeking wealth management solutions.
• Junior Savers Club® Custodial savings program for children under age 22 featuring $10 bonus for new accounts, free events, field trips, and Treat Dollars redeemable at local businesses. For families seeking youth financial education.
• Platinum Adventures® Club Social and travel club for customers 50+ years of age offering trips, events, and seminars at Wintrust Community Banks. For senior banking customers seeking community engagement.

Quantifiable outcome

• FDIC coverage up to $4 million per accountholder through MaxSafe program
• +3 more outcomes

Named customers5 records

Segments1 record

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature4 records

Partnerships

Five partnerships are on record, tiered core and major.

• Barrington Bank & Trust Company, N.A.coreStrategic or Co-development PartnerWintrust Mortgage is a division of Barrington Bank & Trust Company, N.A., a Wintrust Community Bank. This partnership enables residential mortgage lending services under the Wintrust brand across all community bank locations.
• Wintrust Wealth ManagementcoreStrategic or Co-development PartnerAffiliated wealth management division providing asset management, private banking, investment services, and trust services to bank customers. Integration with community bank branches for referrals and coordinated service delivery.
• Wintrust Business CreditcoreStrategic or Co-development PartnerSpecialized asset-based lending division providing creative financing solutions for middle-market companies. Works with relationship bankers to deliver tailored working capital facilities, revolving lines of credit, and equipment financing.
• Elan Financial ServicesmajorTechnology or IntegrationCredit card issuer and processor providing Visa credit card products to bank customers. Cards feature zero fraud liability, mobile purchasing capability, and 24/7 cardmember service.
• Early Warning Services, LLC (Zelle)majorTechnology or IntegrationZelle network provider enabling fast, safe, and easy money transfers between bank customers. Integrated into Wintrust Digital Banking for peer-to-peer payments.

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

Market position

Weaknesses4 records

Competitive moat4 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles23 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 First National Bank of Evergreen Park