Updated:
The PrivateBank and Trust Company
The PrivateBank and Trust Company was founded in Chicago, Illinois, though the exact founding year is not publicly confirmed.
The PrivateBank and Trust Company
The PrivateBank and Trust Company was founded in Chicago, Illinois, though the exact founding year is not publicly confirmed. It operates under a state bank charter, differentiating it from typical family offices by offering regulated banking services, including commercial lending, deposit accounts, and trust administration. The firm's strategy centers on private banking for wealthy individuals and families, with a focus on commercial real estate lending, private credit, and trust services. It targets the Chicago metropolitan area and the broader Midwest region. The bank likely originates loans secured by real estate and provides customized credit facilities, though no specific portfolio companies or deal names are publicly documented. The scale of The PrivateBank's operations is undisclosed — no AUM, deployment numbers, or team headcount figures are available in public sources. It maintains a single office in Chicago. No philanthropic vehicles or adjacent operating companies are known. Recent activity is not verifiable from public records. The firm's structural differentiator is its state bank charter, which gives it a regulated deposit base and the ability to offer trust and fiduciary services under one roof. This hybrid model — part private bank, part trust company — is less common among family offices and provides a stable funding source for lending activities, distinct from asset-only managers.
General information
Firm type
other
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Chicago
Corporate office
Chicago, IL, United States
Sector focus
Frequently asked questions
Does The PrivateBank and Trust Company operate as a family office?
No — it is a state-chartered bank, not a family office. It provides private banking, trust, and lending services to high-net-worth clients, similar to a community bank with a wealth management focus (public record).
What services does The PrivateBank and Trust Company offer?
Services include commercial and real estate lending, deposit accounts, and trust administration. The bank likely delivers customized credit and fiduciary support for wealthy families (per public record).
Who owns or controls The PrivateBank and Trust Company?
Ownership structure is not publicly disclosed. As a state-chartered bank, it is regulated by applicable state and federal banking authorities. No named principals are identified in public sources.
What is the geographic focus of The PrivateBank and Trust Company?
The bank operates primarily in the Chicago metropolitan area and the broader Midwest United States, with a single office location in Chicago (public record).
Does The PrivateBank and Trust Company invest in private equity or venture capital?
There is no public evidence of private equity or venture capital investment activity. The bank's disclosed focus is on lending and trust services, not direct equity investment (public record).
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on family offices?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: