Wintrust Financial Corporation Announces Further Actions To Help Achieve Community Health Objectives
March 20 2020 - 7:00AM
Wintrust Financial Corporation (“Wintrust” or “the Company”)
(Nasdaq: WTFC) announced today that it is temporarily suspending
lobby service at most branch locations and providing service at its
community branch locations with drive-up facilities and ATMs, as
well as through its online and digital banking tools. Most branch
lobbies will be closed to all clients and non-essential visitors,
beginning Friday, March 20. Six branch lobbies will remain
open to visitors, principally in neighborhoods with limited access
to other banking services.
All community bank locations will be open from 8:00 a.m. to 6:00
p.m. on weekdays and from 8:00 a.m. to 1:00 p.m. on
Saturdays. Clients will be able to use the ATMs and night
drop boxes as usual at all of the branches. Clients can call
their branch to make an appointment for services, such as safe
deposit box access, that cannot be completed at the drive-up.
If a branch does not have a drive-up, Wintrust encourages
clients to visit another branch with a drive-up, call their branch,
or use Wintrust’s online banking tools where bills can be paid,
funds transferred, and other transactions performed 24/7 from the
safety of their homes.
Edward J. Wehmer, Founder and Chief Executive Officer,
commented, "This action allows for greater ‘social distancing’ as
strongly recommended by the Centers for Disease Control and
Prevention (CDC) to curtail the spread of the novel coronavirus,
while providing our clients with safe, reliable service and access.
We will continue to monitor this very fluid situation and will take
additional actions as necessary to keep everyone safe. We thank our
clients for their continued loyalty and support, as well as our
employees for their dedication and hard work. We must all work
together to support each other and the health of our communities
during these unprecedented times.”
For a listing of branch hours, locations with drive-ups, and
other information on the bank’s coronavirus response, please visit
www.wintrust.com.
About WintrustWintrust is a financial holding
company with assets of over $35 billion whose common stock is
traded on the NASDAQ Global Select Market. Built on the "HAVE IT
ALL" model, Wintrust offers sophisticated technology and resources
of a large bank while focusing on providing service-based community
banking to each and every customer. Wintrust operates fifteen
community bank subsidiaries, with over 180 banking locations
located in the greater Chicago and southern Wisconsin market areas.
Additionally, Wintrust operates various non-bank business units
including business units which provide commercial and life
insurance premium financing in the United States, a premium finance
company operating in Canada, a company providing short-term
accounts receivable financing and value-added out-sourced
administrative services to the temporary staffing services
industry, a business unit engaging primarily in the origination and
purchase of residential mortgages for sale into the secondary
market throughout the United States, and companies providing wealth
management services and qualified intermediary services for
tax-deferred exchanges.
Forward-Looking InformationThis press release
contains forward-looking statements within the meaning of the
federal securities laws. Investors are cautioned that such
statements are predictions and actual events or results may differ
materially. Wintrust's expected financial results or other plans
are subject to a number of risks and uncertainties. For a
discussion of such risks and uncertainties, which could cause
actual results to differ from those contained in the
forward-looking statements, see "Risk Factors" and the
forward-looking statement disclosure contained in Wintrust's most
recent Annual Report on Form 10-K and in any of the Company’s
subsequent SEC filings. Forward-looking statements speak only as of
the date made and Wintrust undertakes no duty to update the
information.
FOR MORE INFORMATION CONTACT: Edward J. Wehmer, Founder &
Chief Executive Officer David A. Dykstra, Vice Chairman & Chief
Operating Officer (847) 939-9000 Web site address:
www.wintrust.com
Wintrust Financial (NASDAQ:WTFC)
Historical Stock Chart
From Jun 2024 to Jul 2024
Wintrust Financial (NASDAQ:WTFC)
Historical Stock Chart
From Jul 2023 to Jul 2024