About Us

The PrivateBank provides middle market commercial banking, personal and small business banking, and private banking and investment management services. On June 23, 2017, The PrivateBank became an indirect, wholly owned subsidiary of CIBC, a 150-year-old North American bank based in Toronto.

Our Mission

Our mission is to deliver compelling banking solutions that advance the goals of our clients; promote the stability of our communities; and enhance the lives of our employees; thereby creating value for our shareholders.

Learn More in our 2016 Annual Review

Geographic Scope

We have 36 strategically located offices primarily in the Midwest serving the greater Atlanta, Chicago, Cleveland, Denver, Des Moines, Detroit, Grand Rapids, Indianapolis, Kansas City, Miami, Milwaukee, Minneapolis and St. Louis metropolitan areas. Additionally, our specialty banking businesses serve clients from coast to coast.

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June 2017
  • PrivateBancorp, Inc. acquired by CIBC. The PrivateBank becomes indirect, wholly owned subsidiary of CIBC.
  • December: Opened Miami, Florida Commerical Banking Center
  • October: Opened Wilmette, Illinois office
  • June: PrivateBancorp, Inc., announces it has entered into a definitive agreement to be acquired by CIBC
  • September: Opened Lincolnwood, Illinois office
  • October: Completed underwritten public offerings of $75 million in common stock and $125 million in subordinated debt financing
  • October and November: $244 million TARP repayment and warrant repurchase
  • January: Received $244 million from the U.S. Department of the Treasury under the Capital Purchase Program
  • May: Raised $217 million in new capital through underwritten common stock offering
  • July: Assumed all non-brokered deposits and acquired certain assets of Founders Bank
  • October: Raised $194 million in new capital through underwritten common stock offering
  • Opened business development offices in Minneapolis, Cleveland, Des Moines and Denver
  • May: Raised $143.75 million through Trust Preferred Offering
  • June: Raised $166.1 million in new capital through issuance of common stock and sale of preferred stock
  • September: Announced $140 million of senior and subordinated debt financing
  • Launched Strategic Growth Plan and raised $200 million in private equity to fund plan
  • Opened Kansas City, Missouri office
  • Acquired The PrivateBank–Georgia
  • Acquired The PrivateBank–Michigan
  • Founded The PrivateBank–Wisconsin
  • Opened a second Chicago office in the Gold Coast area
  • Acquired Corley Financial and established The PrivateBank Mortgage Company
  • Second Common Stock Offering of $57 million

  • Opened Geneva, Illinois office
  • Opened offices in St. Charles , Illinois and St. Louis, Missouri
  • Acquired offices in Lake Forest and Winnetka, Illinois
  • Completed $17 million initial public offering and began trading on the NASDAQ Stock Exchange under the ticker “PVTB”
  • Opened Oak Brook, Illinois office
  • Opened first office at 10 N. Dearborn in Chicago and began doing business as The PrivateBank
  • Organized PrivateBancorp, Inc. as a Delaware corporation

Frequently Asked Questions

Corporate Headquarters
The PrivateBank

120 South LaSalle Street
Chicago, Illinois 60603

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The Private Bank is a BBB Accredited Bank in Chicago, IL