May 6, 2010 (FinancialWire) — Wintrust Financial Corp. (NASDAQ: WTFC) has opened its downtown Chicago lending office. Branded Wintrust Commercial Banking, the office currently has a dozen commercial lenders in place as well as additional wealth management staff.

Temporarily housed in Wintrust's Wayne Hummer Wealth Management offices on South Riverside Drive in Chicago, the group will move to dedicated office space in July, on South LaSalle Street.

The new lending group further expands Wintrust's targeting of mid-market businesses and brings the commercial lending and Treasury Management services typically provided at Wintrust's suburban banks into Chicago.

The group will be led by John McKinnon, who has been brought in as chairman of the group. McKinnon joins Wintrust after more than 40 years with JP Morgan Chase.

Joining the team as executive vice president after 26 years with JP Morgan Chase, Paul Carlisle will provide strategic day-to-day leadership for the Chicago lending group.

Wintrust is a financial holding company with assets of approximately $13 billion.

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