Signature Bank Named by Inc. Magazine as One of the Midwest Region's Fastest-Growing Private Companies
Midwest commercial bank ranks No. 63 on the prestigious list as it
celebrates eighth consecutive year of record profitability
ROSEMONT, Ill., April 2, 2025 /PRNewswire/ -- Signature Bank, one of the fastest growing, independently-owned commercial banks in the Midwest, today announced it has been named to the 2025 Inc. Regionals: Midwest list of the fastest-growing private companies in America. An extension of the national Inc. 5000 list, the Regionals recognize the most successful independent small businesses based in Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin. Signature Bank was ranked the 63rd fastest growing company in the Midwest region.
"Being named one of Inc. Magazine's fastest-growing Midwest companies is the product of our team's commitment to providing customers with a personalized banking experience and superior custom banking solutions," said Mick O'Rourke, President and CEO of Signature Bank. "We recognize the unique banking needs of each customer, including companies in specialized industries, and we make it a priority to know each client's industry as well as we know banking."
Over the past year, Signature Bank's growth and success have been recognized with several honors. In November, for the eighth consecutive year, the bank earned American Banker's distinction of being one of the Best Banks to Work For in the U.S. In September, Signature Bank was named for the seventh year in a row as one of Chicago's Best and Brightest Companies to Work For® by the National Association for Business Resources (NABR). The bank also was recognized in August on the 2024 Inc. 5000 list of fastest-growing companies in America for the fourth year, and in July Crain's Chicago Business named Signature Bank the 15th largest bank in Chicago.
"The honorees on this year's Inc. Regionals list are true trailblazers driving economic growth in their respective regions, industries, and beyond. This list celebrates their achievements and tells the stories of remarkable companies that are fueling growth and adding jobs in local economies throughout the country," said Bonny Ghosh, editorial director at Inc.
Signature Bank's growth and accolades can be attributed to several factors, including an increased investment in its wealth management practice and client growth in Illinois and Wisconsin across specialized industries including manufacturing, professional services, legal, aviation, medical, and other sectors.
About Signature Bank
Signature Bank is an award-winning, relationship-based commercial bank wholly owned by Signature Bancorporation, Inc., a privately funded, locally owned bank holding company founded in 2006. Headquartered in Rosemont, IL, Signature Bank provides accessible, strategic, and highly individualized commercial banking services to closely held companies, as well as full-service retail banking capabilities. Technology-driven and well-capitalized, Signature Bank is currently the fastest growing, independently owned business bank in the Chicago-Wisconsin markets and is one of American Banker's Best Banks to Work For. Visit Signature Bank online at http://www.signaturebank.bank.
More about Inc. and the Inc. Regionals
Methodology
The 2025 Inc. Regionals are ranked according to percentage revenue growth over two years. To qualify, companies must have been founded and generating revenue by March 31, 2021. They had to be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2023. (Since then, a number of companies on the list may have gone public or been acquired.) The minimum revenue required for 2021 is $100,000; the minimum for 2023 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons.
About Inc.
Inc. is the leading media brand and playbook for the entrepreneurs and business leaders shaping our future. Through its journalism, Inc. aims to inform, educate, and elevate the profile of its community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating the future of business. Inc. is published by Mansueto Ventures LLC, along with fellow leading business publication Fast Company. For more information, visit www.inc.com.
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SOURCE Signature Bank