Wintrust Financial to Acquire HPK Financial Corporation

Wintrust Financial Corporation NASDAQ: WTFC) today announced the signing of a definitive agreement to acquire HPK Financial Corporation ("HPK"). HPK is the parent company of Hyde Park Bank and Trust Company, an Illinois state bank, ("Hyde Park Bank"), which operates two banking locations in the Hyde Park neighborhood of Chicago, Illinois. Hyde Park Bank has an established history of serving its community dating back to its formation in 1928. As of June 30, 2012 it had approximately $390 million in assets and approximately $238 million in deposits. Hyde Park Bank's two banking facilities are located at 1525 East 53rd Street and 1311 East 57th Street in Chicago. Its flagship building, located at the corner of 53rd Street and Lake Park Avenue in the Hyde Park neighborhood of Chicago, has served as a community anchor and retail gateway for more than three generations. Hyde Park Bank's approach to customer service is similar to that at each of the fifteen Wintrust Community Banks and their more than 100 banking locations. From services, products, and staff, a high level of involvement between bank employees and customers has always been a top priority from senior management down. Edward J. Wehmer, President See full press release
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