Print Edition

Print Edition
Subscribe now to the print edition of Suburban Life.

Text Alerts

Text Alerts
Get text messages on your mobile phone or PDA with news, weather and more from mySuburbanLife.com.

Email Newsletters

Email Newsletters
Our My Suburban Life Daily Update will send you all of the news you need to keep up with the pace of news in DuPage and Cook County.
Cities

Lisle company GreatBanc Trust to acquire North Star Trust

LISLE – GreatBanc Trust Company, 801 Warrenville Road, Suite 500, announced Feb. 25 it has entered into a definitive agreement to acquire North Star Trust Company, which will create one of the largest single trustee and other fiduciary service providers for companies with employee stock ownership plans, according to a GreatBanc news release.

Previously, GreatBanc has acquired comparable business from HSBC Bank USA and the former LaSalle Bank NA.

The team that currently supports North Star clients will integrate into GreatBanc, said GreatBanc President and CEO James E. Staruck in the release.

The deal, which is currently pending, is expected to close the second quarter of 2014.

Loading more