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Wintrust Financial to acquire Macatawa Bank Corp

PUBLIC · WTFCFeb 06, 2025

Acquiring Company

Wintrust Financial

Acquired Company

Macatawa Bank

RosemontHollandFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceLendingBanking

Description

Wintrust Financial has agreed to acquire Macatawa Bank Corp in an all-stock merger, marking a significant development in the regional banking landscape. This merger will integrate the community-focused bank into a larger Midwest franchise. The deal, announced on February 6, 2025, is expected to reshape banking services for West Michigan clients.

Quick answer

Wintrust Financial is acquiring Macatawa Bank, announced February 6, 2025. Wintrust Financial is based in Rosemont, Illinois, United States.

How much did Wintrust Financial pay for Macatawa Bank?
The deal value was not disclosed.
What does Wintrust Financial do?
Wintrust Financial is a financial holding company that provides banking and financial services primarily in the Midwest.
Where are Wintrust Financial and Macatawa Bank based?
Wintrust Financial is based in Rosemont, Illinois, United States. Macatawa Bank is based in Holland, Michigan, United States.
Who are the decision-makers at Wintrust Financial?
Fundz holds 1 contact at Wintrust Financial. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Wintrust Financial

Location

Rosemont, Illinois, United States

About

Wintrust Financial is a financial holding company that provides banking and financial services primarily in the Midwest. The company operates a network of community bank subsidiaries. Wintrust offers a range of services including personal and commercial banking, investment management, and mortgage services.

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Frequently asked

Who acquired Macatawa Bank?

Macatawa Bank was acquired by Wintrust Financial, based in Rosemont. The deal was reported on February 6, 2025. Wintrust Financial is a financial holding company that provides banking and financial services primarily in the Midwest. The company operates a network of community bank subsidiaries. Wintrust Financial is publicly traded (WTFC) and operates in Financial Services.

When did Wintrust Financial acquire Macatawa Bank?

Wintrust Financial's acquisition of Macatawa Bank was reported on February 6, 2025. Wintrust Financial has agreed to acquire Macatawa Bank Corp in an all-stock merger, marking a significant development in the regional banking landscape. This merger will integrate the community-focused bank into a larger Midwest franchise. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Macatawa Bank do?

Macatawa Bank Corporation, listed on Nasdaq as MCBC, is the parent company of Macatawa Bank, a Michigan state-chartered bank headquartered in Holland, Michigan. It is privately held, operating in Financial Services, and is based in Holland.

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