CHICAGO, Dec. 19, 2013 /PRNewswire/ -- Taylor Capital
Group, Inc. (the "Company") (NASDAQ: TAYC), the parent company of
Cole Taylor Bank (the "Bank"), today announced that the quarterly
cash dividend will be paid on the trust securities of TAYC Capital
Trust I (NASDAQ: TAYCP), an issue of its Trust Preferred
Securities, for the quarter ended December
31, 2013. TAYC Capital Trust I is a Delaware Statutory
Trust, and is an unconsolidated subsidiary of Taylor Capital Group,
Inc.
The quarterly dividend, which reflects an annualized rate of
9.75%, will be payable on December 31,
2013 to security holders of record on December 30, 2013. This dividend announcement, as
well as additional information, can be found on Taylor Capital
Group's website: www.taylorcapitalgroup.com.
About Taylor Capital Group, Inc. (NASDAQ: TAYC)
Taylor Capital Group, Inc. is the holding company of
Cole Taylor Bank, a commercial bank
headquartered in Chicago with
assets of $6.0 billion as of
September 30, 2013. For more than 80
years, Cole Taylor Bank has been
successfully meeting the banking needs of closely-held companies
and the people who own and manage them by focusing on a
relationship-based approach to business. Through its national
businesses, Cole Taylor provides a
full range of financial services, including asset based lending,
commercial equipment financing, and residential mortgage
lending.
SOURCE Taylor Capital Group, Inc.