Community Bank of Downers Grove
- Company typePublic
- Founded1991
- HeadquartersDowners Grove, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
Community Bank of Downers Grove firmographics
Firmographics- Name
- Community Bank of Downers Grove
- Legal name
- Barrington Bank & Trust Company, N.A.
- Website
- https://downersgrovebank.com
- Company type
- Public
- Founded year
- 1991
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Community Bank of Downers Grove industry classification
Industry- Product category
- Community Banking
- NAICS
- Commercial Banking (522110)
- SIC
- National Commercial Banks (6021)
- akta.pro primary industry
- Small Business Banking (Microbusiness/Sole Proprietor) (FSABAAAI)
Keywords
Where Community Bank of Downers Grove is headquartered
LocationHeadquarters
- HQ city
- Downers Grove
- HQ country
- United States
- HQ region
- North America
Offices17 records
Markets served
Community Bank of Downers Grove business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
Revenue model
- Interest Income: Traditional banking revenue from interest earned on loans including mortgages, HELOCs, personal loans, business loans, and SBA loans. Interest is earned on variable and fixed-rate products.
- Checking and Savings Account Fees: Monthly maintenance fees on certain accounts (waived with minimum balances), overdraft fees declined/returned transactions, wire transfer fees, and money order fees
- Platinum Adventures Club Membership: Club membership fees and revenue from travel and event services for customers 50+ years of age
- Credit Card Revenue: Credit card interchange and fees through Elan Financial Services partnership
- Wealth Management Services: Asset management, investment, and trust services through Wintrust Wealth Management
- Treasury Management Services: Cash management, merchant processing, wire transfers, and ACH services for business customers
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Total Access Checking - Basic everyday banking with early direct deposit |
| Subscription | Monthly | Access Plus Checking - Interest-bearing with enhanced benefits |
| Subscription | Monthly | Premier Checking - Premium tier with highest benefits |
| Subscription | Monthly | Statement Savings Advanced Special |
| One time/ perpetual license | Multi-year contract | 13-Month CD Special |
| Subscription | Monthly | Money Smart Checking - Credit building account |
| Unit Pricing | Monthly | Everyday Loan - Fixed-rate personal loan for credit building |
| Unit Pricing | Monthly | Money Smart CD Loan |
| Subscription | Monthly | Entrepreneur Checking - For businesses just starting out |
| Subscription | Monthly | Business Community Checking - For established businesses |
| Subscription | Monthly | Have-It-All Business Checking - For larger enterprises |
| Usage-based | Pay-as-you-go | Home Equity Line of Credit |
| One time/ perpetual license | Multi-year contract | MaxSafe CD |
| Subscription | Monthly | MaxSafe Money Market |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels6 records
Community Bank of Downers Grove product offering
Product offeringCore offering
Community Bank of Downers Grove operates as a division of Hinsdale Bank & Trust, providing personal and business banking products through physical branches, online, and mobile channels. Core offerings include checking and savings accounts, certificates of deposit, mortgages, home equity lines of credit, credit cards, small business and SBA lending, treasury management, and wealth management. The bank extends FDIC coverage up to $4 million through the MaxSafe program that aggregates deposits across 16 Wintrust community bank charters.
Product overview
Community Bank of Downers Grove operates as a division of Hinsdale Bank & Trust, part of the Wintrust Financial Corporation family with 200+ locations. The bank offers a unified platform combining consumer and business banking services: personal checking accounts (Total Access, Access Plus, Premier Checking), savings and CDs (Statement Savings Advanced, 13-Month CD), credit building products (Money Smart Checking/Savings, Everyday Loan), home equity products (HELOC), mortgages (via Wintrust Mortgage), and credit cards. For businesses, it provides Entrepreneur Checking, Business Community Checking, Have-It-All Business Checking, SBA loans (Express, 7(a), 504), and cash management services. The bank enhances deposit protection through MaxSafe (extending FDIC coverage to $4 million), and engages customers through loyalty programs (Platinum Adventures Club for 50+, Junior Savers Club for youth). Digital banking is delivered through Wintrust Digital Banking for consumers and i-BusinessBanking for business customers, with Zelle integration for payments.
Differentiator
Problem solved
Functional benefit
Brands
- Platinum Adventures Club: A social and travel club for customers 50+ years of age offering events, seminars, trips, and activities.
- Junior Savers Club
- MaxSafe
- Money Smart Checking
Products and services
- Total Access Checking
Companies that use Community Bank of Downers Grove
Customer profileSegments5 records
Community Bank of Downers Grove technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration8 records
Feature5 records
Community Bank of Downers Grove partnerships and signals
Strategic signalScale indicators4 records
Recent moves6 records
Expansion highlights6 records
Community Bank of Downers Grove competitors and assessment
Company assessmentDirect peers
- Hinsdale Bank & Trust: Direct parent charter of Community Bank of Downers Grove and a sister Wintrust community bank serving Chicago's western suburbs. Operates with identical product set, technology stack, and community banking model, providing direct comparability on charter-level performance.
- Byline Bancorp: Chicago-based community bank holding company focused on small business lending, commercial banking, and consumer services. Highly comparable on Chicago market focus, SMB orientation, and community banking model.
- Busey Bank: Illinois-headquartered community bank providing consumer, small business, and commercial banking across Illinois, Missouri, Indiana, and Florida. Closely comparable in Midwest footprint, product breadth, and customer segments.
- Inland Bank and Trust: Community-focused Illinois bank serving small businesses and consumers across the Chicago metro. Comparable in geographic focus, customer segments, and product offering mix.
- First Bank of Highland Park: Community bank serving Chicago's northern suburbs with consumer and small business banking. Direct geographic and product overlap with Community Bank of Downers Grove's affluent suburban market.
- Lake Forest Bank & Trust: Another Wintrust community bank charter serving Chicago's affluent northern suburbs with the same operating model, products, and shared infrastructure. Direct peer for charter-level benchmarking within the Wintrust network.
Broad incumbents
- Northern Trust: Chicago-headquartered wealth management and institutional banking giant serving HNW and ultra-HNW clients. Adjacent competitor for high-net-worth deposit and wealth management services in the Chicago market.
- Old National Bank: Large Midwest regional bank with deep Chicago presence following its First Midwest acquisition. Competes directly for the same consumer, small business, and commercial customers but with significantly greater scale and broader product capabilities.
- JPMorgan Chase: National banking giant with deep Chicago retail, small business, and commercial presence. Competes for the same consumer, SMB, and commercial deposit and loan customers at much larger scale and with materially greater technology investment.
Others
- Wintrust Mortgage: Mortgage lending subsidiary of Wintrust Financial Corporation (a division of Barrington Bank & Trust). Adjacent rather than directly competing; provides mortgage origination services that feed the bank's customer base and complete the home financing product set.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Community Bank of Downers Grove financial estimates
Financial estimateRevenue estimate
Valuation estimate
Community Bank of Downers Grove leadership team
Management profileNumber of profiles
Community Bank of Downers Grove subsidiaries and ownership
Company hierarchySubsidiaries1 record
Community Bank of Downers Grove funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Community Bank of Downers Grove 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 Community Bank of Downers Grove
What does Community Bank of Downers Grove do?
Community Bank of Downers Grove operates as a division of Hinsdale Bank & Trust, providing personal and business banking products through physical branches, online, and mobile channels. Core offerings include checking and savings accounts, certificates of deposit, mortgages, home equity lines of credit, credit cards, small business and SBA lending, treasury management, and wealth management. The bank extends FDIC coverage up to $4 million through the MaxSafe program that aggregates deposits across 16 Wintrust community bank charters.
Is Community Bank of Downers Grove a public or private company?
Community Bank of Downers Grove is a public company. It is currently operating.
When was Community Bank of Downers Grove founded?
Community Bank of Downers Grove was founded in 1991. It employs 11 to 50 people.
Where is Community Bank of Downers Grove based?
Community Bank of Downers Grove is headquartered in Downers Grove, United States, in the North America region.
How does Community Bank of Downers Grove make money?
Six revenue lines are on record. Interest Income is the primary driver. The others are checking and Savings Account Fees, platinum Adventures Club Membership, credit Card Revenue, wealth Management Services and treasury Management Services.
Who are Community Bank of Downers Grove's main competitors?
Direct peers on record are Hinsdale Bank & Trust, Byline Bancorp, Busey Bank, Inland Bank and Trust, First Bank of Highland Park and Lake Forest Bank & Trust. Broad incumbents are Northern Trust, Old National Bank and JPMorgan Chase. Wintrust Mortgage is listed as an others.
Does Community Bank of Downers Grove have an API?
No public API is recorded for Community Bank of Downers Grove.
What industry is Community Bank of Downers Grove in?
Community Bank of Downers Grove's product category is Community Banking. Its primary akta.pro industry code is FSABAAAI, Small Business Banking (Microbusiness/Sole Proprietor). Its NAICS code is 522110 and its SIC code is 6021.