Wintrust Financial Corporation Announces Plans to Acquire STC Capital Bank

Wintrust Financial Corporation (“Wintrust”) (Nasdaq: WTFC) today announced the signing of a definitive agreement to acquire STC Bancshares Corp. (“STC”).  STC is the parent company of STC Capital Bank, an Illinois state-chartered bank, which operates five banking offices located in the communities of St. Charles, Geneva and South Elgin, Illinois.  As of March 31, 2019, STC Capital Bank had approximately $277 million in assets, approximately $204 million in loans and approximately $246 million in deposits.

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When the Health Insurance Portability and Accountability Act (HIPAA) was signed into law in 1996, its purpose was to improve the portability and accountability of health insurance coverage for employees between jobs. Since then, the scope of HIPAA has grown significantly. HIPAA became a vehicle to encourage healthcare providers


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Spotlight

When the Health Insurance Portability and Accountability Act (HIPAA) was signed into law in 1996, its purpose was to improve the portability and accountability of health insurance coverage for employees between jobs. Since then, the scope of HIPAA has grown significantly. HIPAA became a vehicle to encourage healthcare providers

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