Jan. 06--Metropolitan Bank Group, one of the Chicago area's biggest locally headquartered banks, is rolling out a new name next month: Byline Bank.
"'Byline' means authorship," Alberto Paracchini, chief executive, wrote in a memo. "For us, it means putting our name behind everything we do and working hard to help you, our customers, write your own story."
The new brand name will be applied to its entire bank group and all 91 of its branches.
The $2.4 billion-asset banking company, which operates under the North Community Bank nameplate, was controlled for years by PAWS Chicago backers Peter and Paula Fasseas. It ran into trouble and in 2013 was bought by a group led by Chicago banker Roberto Herencia.
Since coming under new ownership, Metropolitan Bank Group consolidated its banks under one banking charter, its North Community Bank nameplate. It also launched mobile banking and overhauled its online banking.
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