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PrivateBancorp, Inc. - Company Profile Snapshot

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Company Profile: PrivateBancorp, Inc.
Ticker: PVTB
Exchanges: NAS
2008 Sales: 446,700,000
Major Industry: Financial
Sub Industry: Commercial Banks
Country: UNITED STATES
Employees: 773

Business Description
PrivateBancorp, Inc.. The Group's principal activity is to provide commercial banking services, real estate services, wealth management services and individual banking services through eighteen banking locations. The commercial services offered include full range of lending products, lines of credit for working capital, term loans for equipment and other investment purposes, letters of credit and non-credit products including lockbox, cash concentration accounts and electronic funds transfer. Real estate services provide commercial, residential real estate and construction loans. Wealth management services include investment management, personal trust, retirement accounts and brokerage and investment services. Individual banking services provided includes interest bearing checking with credit line, money market deposit accounts and debit cards. The customers of the Group are affluent individuals, professionals and entrepreneurs.

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