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Byline Financial Group’s fast-growing equipment finance division was named to the Monitor 100 as one of the top U.S. equipment finance companies. Byline Financial Group’s year-over-year total assets grew by 58% in 2022, landing Byline Financial Group at No. 84, a jump of 15 spots from No. 99 on last year’s Monitor 100 list. Byline Financial Group grew its assets to $357.8 million in 2022 from $226.4 million in 2021. New business volume nearly doubled year over year, from $126.9 million in 2021 to $249 million in 2022. Lyndon Thompson, president at Byline Financial Group, credits the success to outstanding servicing of customers quickly and on time. The Material Handling and Compact Utility groups have been leading the way for growth. “We continue to punch above our weight for the clients in the industries we deal with,” said Thompson. “Our team serves manufacturers, dealers and end user customers nationwide with seamless customer service to ensure that business owners have access to the equipment they need during this difficult time for small business owners.”
Byline To Acquire Inland Bancorp, Inc.
In honor of Giving Tuesday on November 29, and to demonstrate our continued investment in our local communities, Byline Bank has donated $5,000 each to three local charitable organizations. These three incredible organizations are at the heart of our communities: Infant Welfare Society of Evanston provides exceptional care and education for infants and young children of all socioeconomic levels in the surrounding communities. Kendall County Community Food Pantry in Oswego-Yorkville provides food, household goods, personal care items, and other necessities to neighbors in need in Kendall County. Suburban Unity Alliance of Oak Park promotes unity through equitable community practices that showcase the diversity of suburban communities, raise discrimination awareness, and bring entire communities together based on empathy, collaboration, and equitable philanthropic endeavors. These donations are just another part of Byline’s commitment to our role as a trusted community member and our commitment to giving back to our community.
Byline Chief Information Officer, Raj Sampoornam, chosen as a 2022 CIO of the Year ORBIE Award Finalist! The Chicago CIO of the Year “ORBIE” awards honors chief information officers (CIOs) who have demonstrated excellence in technology leadership. Congratulations and thank you, Raj Sampoornam. Your leadership in information technology continues to accelerate Byline Bank’s technology and digital transformation. We’re proud of your recognition and thank you! More information on the ORBIE Awards in Crain’s Chicago Business.
Byline is proud to be named International Trade Lender of the Year by the U.S. Small Business Administration (SBA)’s Office of International Trade. Truly a team effort, it’s gratifying to know we’ve played a role in helping small business exporters finance growth in the global market through the SBA #International Trade Loan program. See the full release here:
Byline Bank Welcomes Angelique Gerlock as Director of Talent Management and Diversity, Equity and Inclusion - Byline Bank is pleased to announce the hiring of Angelique Gerlock as Director of Talent Management and Diversity, Equity and Inclusion (DEI). In this newly created role, Gerlock will be responsible for the development and execution of all talent management strategies, including succession planning, performance management, employee engagement, career development, culture, and employee recognition, in addition to overseeing the DEI strategy of the Bank. Gerlock reports to Dana Traci, Executive Vice President, Chief Human Resources Officer. “Angelique will be charged with improving the employee experience through new talent programs and DEI strategies that effectively engage and develop our workforce,” said Traci. “Her role will be instrumental in positioning Byline Bank and our people – our greatest asset – for future success.” Gerlock brings a wealth of experience in human resources (HR) and banking.
As we look back on the past year, we continue to be Inspired BY so many small business owners—especially in the Oak Park and River Forest communities. We’re proud to have been able to help, when they needed it most, and we look forward to an even better year, together, in 2021. #ShopLocalOakPark # #BankLocal #BankByline #ShopLocal #ItPaysToBankLocal
Byline Bank Opens Second Round of Paycheck Protection Program Loan Applications to Support Small Businesses in Our Communities
Byline Bank supports the Chicagoland area through an FHLB Chicago grant. Byline Bank has partnered with the Federal Home Loan Bank of Chicago (FHLBC) to provide $35,000 in grants to (i) Beyond Hunger, (ii) Connections for the Homeless, and (iii) My Block, My Hood, My City through the FHLBC’s Targeted Impact Fund. These organizations are critical to many people across the Chicagoland area, and these funds will help them to continue to support the community.
Connections For The Homeless - We’re proud to support Connections For The Homeless and join in the fight against homelessness, food insecurity and economic relief through a donation of $10,000 to the Feeding our Neighbors and Fueling the Economy initiative.
