First Chicago Bank & Trust
Wintrust Bank, N.A. is a community bank providing personal, small business, commercial, and wealth management banking services across the Chicago metropolitan area and broader midwestern markets through 15+ branches and a digital banking platform.
- Company typePrivate
- Founded-
- HeadquartersChicago, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What First Chicago Bank & Trust does
Wintrust Bank, N.A. (operating under the First Chicago Bank & Trust brand context) is a community bank providing retail, small business, commercial, and wealth management banking services across the Chicago metropolitan area and broader midwestern markets. The bank operates as one of 15+ community bank brands within the Wintrust Financial Corporation network, targeting three primary customer segments: individual consumers seeking checking, savings, mortgages, home equity, credit cards, and credit building products; small business owners requiring SBA loans, cash management, and small business credit cards; and middle-market commercial clients needing asset-based lending, capital markets, commercial leasing, treasury management, international services, and private banking. The bank's value proposition emphasizes locally-run branches with local decision-making authority alongside digital banking capabilities.
The bank's core technology stack centers on its Wintrust Digital Banking platform, which includes native mobile applications available on iOS and Android, an online banking portal, and digital payment capabilities including Zelle person-to-person payments, mobile deposit, and bill pay. Notable proprietary products include MaxSafe, a multi-bank deposit structure that provides enhanced FDIC insurance coverage beyond standard limits for small business customers, and Wintrust Mortgage, a residential lending division of Barrington Bank & Trust Company, N.A. Industry-specific commercial banking capabilities span franchise finance, ESOP lending, professional practice banking, government and municipal lending, construction/engineering/architecture, and condo/HOA associations, indicating deliberate vertical specialization beyond generic commercial lending.
Wintrust's revenue model is traditional community banking, generating net interest income from deposit and lending activities (residential mortgages, SBA loans, commercial loans, asset-based lending, home equity) plus fee-based income from cash management, treasury management, wealth management, and payment services. Distribution is multi-channel: physical community bank branches for relationship-driven service, digital self-service channels for consumer transactions, and dedicated relationship managers with industry-specific expertise for middle-market commercial clients. Pricing is not publicly disclosed. Marketing is conducted through financial education content, community engagement programs (Platinum Adventures Club, Junior Savers Club), local events, and digital channels including app store presence and a career page emphasizing employer branding.
First Chicago Bank & Trust firmographics
Firmographics- Name
- First Chicago Bank & Trust
- Legal name
- Wintrust Bank, N.A.
- Website
- https://firstchicago.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Wintrust Bank, N.A. is a community bank providing personal, small business, commercial, and wealth management banking services across the Chicago metropolitan area and broader midwestern markets through 15+ branches and a digital banking platform.
- Ownership category
- akta.pro rank
First Chicago Bank & Trust industry classification
Industry- Product category
- Community Banking
- NAICS
- Commercial Banking (522110), Depository Credit Intermediation (5221), Commercial Banking (52211)
- SIC
- National Commercial Banks (6021), State Commercial Banks (6022)
- akta.pro primary industry
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)
- akta.pro secondary industries
- Direct Lending — Senior Secured (First Lien) (FSAHAJAA), Core Banking & Ledger Systems (Cloud Core, Deposits, Accounts) (FSAGAAAC), Open Banking, Account Aggregation & Payment Initiation APIs (BPAMAFAJ)
Keywords
Where First Chicago Bank & Trust is headquartered
LocationHeadquarters
- HQ city
- Chicago
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
First Chicago Bank & Trust 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
- Retail Banking Services: Checking and savings accounts, personal credit cards, home equity lines of credit, mortgages, and credit building products for individual consumers.
- Small Business Banking: Business checking and savings, cash management, SBA loans, small business lending, and credit cards for small business customers.
- Commercial Banking: Asset-based lending, capital markets, commercial lending, commercial leasing, SBA lending, treasury management, international services, and private banking for middle-market commercial clients.
- Wealth Management: Wealth management services for individuals and business owners, including investment management and financial planning.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
First Chicago Bank & Trust product offering
Product offeringCore offering
First Chicago Bank & Trust operates as a community bank within the Wintrust Bank, N.A. network, providing retail banking (checking, savings, credit cards, mortgages, HELOCs), small business banking (checking, SBA loans, MaxSafe deposit protection), commercial banking (asset-based lending, capital markets, treasury management, international services), and wealth management services. The bank delivers these through 15+ community bank branches across the Chicago metropolitan area and broader midwestern markets, complemented by digital banking on web and mobile platforms.
Product overview
Wintrust Bank operates a multi-channel banking platform consisting of digital banking (web and mobile app), small business solutions including MaxSafe, and mortgage services through Wintrust Mortgage division. The core offering is Wintrust Digital Banking, which provides online and mobile access to personal, small business, and commercial banking services, with the mobile app available on iOS and Android platforms. Small business banking features MaxSafe for enhanced deposit protection. Mortgage products are delivered through the Wintrust Mortgage division.
Differentiator
Problem solved
Functional benefit
Brands
- Wintrust Mortgage: Residential lending division of Barrington Bank & Trust Company, N.A., a Wintrust Community Bank
- Wintrust Digital Banking
- Wintrust Wealth
Products and services
- Personal Checking & Savings Personal deposit accounts for individual consumers including checking and savings products with varying features and benefits.
- Personal Credit Cards Personal credit card products for individual consumers for everyday spending and credit needs.
- Home Equity Lines of Credit HELOC products allowing homeowners to borrow against home equity for personal financial needs.
- Mortgages Residential mortgage lending products delivered through Wintrust Mortgage, a division of Barrington Bank & Trust Company, N.A., including home purchase loans and refinancing.
- Credit Building & Repair Products and services designed to help consumers build or repair their credit history and scores.
- Small Business Checking & Savings Deposit account products tailored for small business owners to manage business funds and cash flow.
- MaxSafe Small business checking and savings account solution offering enhanced FDIC insurance coverage beyond standard limits through a multi-bank structure.
- Cash Management Cash management services for small businesses to optimize liquidity, payments, and collections.
- SBA Loans Small Business Administration loans offering government-backed financing for small business borrowers.
- Small Business Lending General small business lending products for working capital, equipment, and operational needs.
- Asset Based Lending Commercial lending solutions secured by business assets such as receivables, inventory, and equipment for middle-market companies.
- Commercial Lending Traditional commercial lending products for middle-market business clients to support growth and operations.
- Capital Markets Capital markets services for commercial clients including debt capital advisory and capital raising support.
- Treasury Management Treasury management solutions for commercial clients to optimize cash, payments, and liquidity operations.
- Wealth Management Investment management and financial planning services for individuals and business owners, including Wintrust Wealth offerings.
- Wintrust Digital Banking Platform Online and mobile banking platform enabling customers to access accounts, transfer funds via Zelle, pay bills, deposit checks remotely, and manage finances through web and mobile applications.
Companies that use First Chicago Bank & Trust
Customer profileSegments3 records
Ideal customer profiles3 records
First Chicago Bank & Trust technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
First Chicago Bank & Trust partnerships and signals
Strategic signalScale indicators1 record
Recent moves5 records
Expansion highlights4 records
First Chicago Bank & Trust competitors and assessment
Company assessmentBroad incumbents
- Northern Trust: Chicago-headquartered bank with strong commercial banking, wealth management, and private banking capabilities — comparable commercial and wealth segments though much larger and more institutional.
- Fifth Third Bank: Large regional bank with strong Chicago/midwest presence offering retail, small business, commercial, and wealth management — overlaps with Wintrust's full product suite but at significantly greater scale.
- BMO Harris Bank: Major commercial and retail bank with deep Chicago/midwest franchise, competing for the same middle-market commercial, small business, and consumer deposit relationships.
- JPMorgan Chase: National incumbent with dominant retail, small business, and commercial banking presence in Chicago, competing for the same deposit and lending customers as the community bank.
- Bank of America: National retail and commercial bank with significant Chicago presence; competes directly for consumer deposits, small business banking, and middle-market commercial relationships.
Direct peers
- Byline Bank: Chicago-headquartered community bank offering retail, small business, and commercial banking services with a multi-branch local model — directly comparable geographic, segment, and community-banking focus.
- Associated Bank: Midwest-headquartered bank serving consumers, small businesses, and commercial clients across retail, commercial, and wealth management — direct peer in regional footprint and product breadth.
- Old National Bank: Midwest regional community bank following a similar multi-segment retail, small business, and commercial banking model with strong SBA and middle-market commercial lending — directly comparable in product mix and regional strategy.
Emerging players
- Current: Digital challenger bank targeting consumers and small businesses with mobile-first banking experiences, competing for the same deposit and small business relationship pool as community banks.
- LendingClub: Digital-first banking and lending platform that competes with community banks for consumer deposits and small business credit customers via a lower-cost digital channel.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
First Chicago Bank & Trust social profiles
Digital presenceFirst Chicago Bank & Trust financial estimates
Financial estimateRevenue estimate
Valuation estimate
First Chicago Bank & Trust leadership team
Management profileNumber of profiles
First Chicago Bank & Trust funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
First Chicago Bank & Trust 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 First Chicago Bank & Trust
What does First Chicago Bank & Trust do?
First Chicago Bank & Trust operates as a community bank within the Wintrust Bank, N.A. network, providing retail banking (checking, savings, credit cards, mortgages, HELOCs), small business banking (checking, SBA loans, MaxSafe deposit protection), commercial banking (asset-based lending, capital markets, treasury management, international services), and wealth management services. The bank delivers these through 15+ community bank branches across the Chicago metropolitan area and broader midwestern markets, complemented by digital banking on web and mobile platforms.
Is First Chicago Bank & Trust a public or private company?
First Chicago Bank & Trust is a private company. It is classified as corporate owned and is currently operating.
When was First Chicago Bank & Trust founded?
First Chicago Bank & Trust was founded in -1. It employs 11 to 50 people.
Where is First Chicago Bank & Trust based?
First Chicago Bank & Trust is headquartered in Chicago, United States, in the North America region.
How does First Chicago Bank & Trust make money?
Four revenue lines are on record. Retail Banking Services are the primary driver. The others are small Business Banking, commercial Banking and wealth Management.
Who are First Chicago Bank & Trust's main competitors?
Broad incumbents on record are Northern Trust, Fifth Third Bank, BMO Harris Bank, JPMorgan Chase and Bank of America. Direct peers are Byline Bank, Associated Bank and Old National Bank. Emerging players are Current and LendingClub.
Does First Chicago Bank & Trust have an API?
No public API is recorded for First Chicago Bank & Trust.
What industry is First Chicago Bank & Trust in?
First Chicago Bank & Trust's product category is Community Banking. Its primary akta.pro industry code is FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings), with a secondary code of FSAHAJAA, Direct Lending — Senior Secured (First Lien). Its NAICS code is 522110 and its SIC code is 6021.