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Wintrust Financial Corporation Announces Further Actions To Help Achieve Community Health Objectives

Company Release - 3/20/2020 7:00 AM ET

ROSEMONT, Ill., March 20, 2020 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation (“Wintrust” or “the Company”) (Nasdaq: WTFC) announced today that it is temporarily suspending lobby service at most branch locations and providing service at its community branch locations with drive-up facilities and ATMs, as well as through its online and digital banking tools. Most branch lobbies will be closed to all clients and non-essential visitors, beginning Friday, March 20.  Six branch lobbies will remain open to visitors, principally in neighborhoods with limited access to other banking services.

All community bank locations will be open from 8:00 a.m. to 6:00 p.m. on weekdays and from 8:00 a.m. to 1:00 p.m. on Saturdays.  Clients will be able to use the ATMs and night drop boxes as usual at all of the branches.  Clients can call their branch to make an appointment for services, such as safe deposit box access, that cannot be completed at the drive-up.

If a branch does not have a drive-up, Wintrust encourages clients to visit another branch with a drive-up, call their branch, or use Wintrust’s online banking tools where bills can be paid, funds transferred, and other transactions performed 24/7 from the safety of their homes.

Edward J. Wehmer, Founder and Chief Executive Officer, commented, "This action allows for greater ‘social distancing’ as strongly recommended by the Centers for Disease Control and Prevention (CDC) to curtail the spread of the novel coronavirus, while providing our clients with safe, reliable service and access. We will continue to monitor this very fluid situation and will take additional actions as necessary to keep everyone safe. We thank our clients for their continued loyalty and support, as well as our employees for their dedication and hard work. We must all work together to support each other and the health of our communities during these unprecedented times.”

For a listing of branch hours, locations with drive-ups, and other information on the bank’s coronavirus response, please visit www.wintrust.com.

About Wintrust
Wintrust is a financial holding company with assets of over $35 billion whose common stock is traded on the NASDAQ Global Select Market. Built on the "HAVE IT ALL" model, Wintrust offers sophisticated technology and resources of a large bank while focusing on providing service-based community banking to each and every customer. Wintrust operates fifteen community bank subsidiaries, with over 180 banking locations located in the greater Chicago and southern Wisconsin market areas. Additionally, Wintrust operates various non-bank business units including business units which provide commercial and life insurance premium financing in the United States, a premium finance company operating in Canada, a company providing short-term accounts receivable financing and value-added out-sourced administrative services to the temporary staffing services industry, a business unit engaging primarily in the origination and purchase of residential mortgages for sale into the secondary market throughout the United States, and companies providing wealth management services and qualified intermediary services for tax-deferred exchanges.

Forward-Looking Information
This press release contains forward-looking statements within the meaning of the federal securities laws.  Investors are cautioned that such statements are predictions and actual events or results may differ materially. Wintrust's expected financial results or other plans are subject to a number of risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" and the forward-looking statement disclosure contained in Wintrust's most recent Annual Report on Form 10-K and in any of the Company’s subsequent SEC filings. Forward-looking statements speak only as of the date made and Wintrust undertakes no duty to update the information.

FOR MORE INFORMATION CONTACT:
Edward J. Wehmer, Founder & Chief Executive Officer
David A. Dykstra, Vice Chairman & Chief Operating Officer
(847) 939-9000
Web site address: www.wintrust.com

Source: Wintrust Financial Corporation
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