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Former bank CEOs take helm at Chicago's Parkway Bank

Original: A pair of former bank CEOs, both of them self-described "bank junkies," have taken over a Chicago community bank, $3.7 b

Two former bank CEOs, who describe themselves as 'bank junkies,' have taken over Parkway Bank, a $3.7 billion-asset community bank in Chicago, with plans to kick-start its growth. American Banker reports the pair aim to expand the institution, a notable move in a banking sector where community lenders face pressure from larger competitors.

Why now: The unusual step of two veteran bank executives taking over a mid-sized community bank to drive growth is drawing attention in banking circles.

Parkway BankChicagoAmerican Banker

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• A pair of former bank CEOs, both of them self-described "bank junkies," have taken over a Chicago community bank, $3.7 billion-asset Parkway Bank, with plans to kick-start its growth. https://www. americanbanker.com/news/bank-j unkies-grab-the-helm-at-a-chicago-community-bank #… · AlexJimenez@mas.to · 1

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