PrivateBancorp, Inc. operates as the holding company for The PrivateBank and Trust Company that provides customized business and personal financial services to middle market companies, business owners, executives, entrepreneurs, and families in the United States. The company operates through three segments: Banking, Asset Management, and Holding Company Activities. It accepts checking, savings, money market deposit, and health savings accounts, as well as certificates of deposit. The company also provides commercial, real estate, and personal lending products and services comprising home equity loans and lines of credit, auto loans, secured and unsecured loans, and overdraft protection loans; commercial real estate loans, such as one-to-four family non-owner occupied housing units, multi-family real estate, office buildings, warehouses, retail space, mixed use buildings, and vacant land; and construction loans. In addition, it offers investment management, personal trust and estate administration, custodial and escrow, investment management for 401(k) plans, and brokerage services. As of December 31, 2016, the company had 36 offices in 13 states. PrivateBancorp, Inc. was founded in 1989 and is headquartered in Chicago, Illinois.

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