CHICAGO, IL – Byline Bank recently announced it has provided grants in the amount of $16,500 to the Oak Park River Forest Community Foundation as part of our overall commitment to the community following Byline’s acquisition of Community Bank of Oak Park River Forest in 2019. Byline is privileged to be a part of the Oak Park River Forest (OPRF) community for more than 20 years and in 2020 has committed over $65,000 to organizations in Oak Park and River Forest.
Byline Bank has a history of community involvement, including grants, sponsorships, events and volunteer support to local nonprofits and businesses. As a local community bank, Byline has established interpersonal relationships with its customers and businesses and several of the Bank’s team members are deeply involved with and serve on boards for various OPRF organizations including Sarah’s Inn, Beyond Hunger, Hephzibah, numerous schools and faith-based organizations, and Oak-Leyden Developmental Services, further demonstrating our commitment to the community.
“We’re proud of Byline’s extensive involvement within this community and look forward to finding additional and continued ways to support the customers and businesses of Oak Park and River Forest,” said Susie Goldschmidt, Market President, Oak Park River Forest, of Byline Bank. “We’re so grateful to be immersed in our communities and help make a difference in our customers’ lives.”
Byline has also supported many local businesses during the coronavirus pandemic by working with them to obtain loans through the Paycheck Protection Program. At a critical time for struggling businesses, Byline was pleased to facilitate access to capital to help doors stay open.
Byline Bank’s Commercial Real Estate Group recently provided $12.8 million in financing to The Oak Park Residence Corporation (OPRC) for its acquisition of a portfolio of affordable housing properties located on the east side of Oak Park, bordering Chicago’s Austin neighborhood. This project will provide key access to affordable housing and continue to revitalize the surrounding neighborhoods in both Oak Park and Austin.
About Byline Bancorp, Inc.
Headquartered in Chicago, Byline Bancorp, Inc. is the parent company for Byline Bank, a full-service commercial bank serving small- and medium-sized businesses, financial sponsors, and consumers. Byline Bank has approximately $6.4 billion in assets and operates more than 50 full-service branch locations throughout the Chicago and Milwaukee metropolitan areas. Byline Bank offers a broad range of commercial and retail banking products and services including small ticket equipment leasing solutions and is one of the top five Small Business Administration lenders in the United States. For more information, visit: www.bylinebank.com.
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