Draft:First Women's Bank (Chicago)
First Women's Bank (Chicago) is the first bank in the United States entirely founded, led, and owned by women.[1] Lisa Kornick, Melissa Widen, Amy Fahey, Marianne Markowitz, and Beth Wnuk are the bank's organizers.[2] Their focus is on lending to female entrepreneurs and supporting small-businesses.[3] Bank headquarters are in Chicago.
History
[edit]First Women's Bank was founded in January, 2020 when the Illinois Department of Financial and Professional Regulation, Division of Banking issued a permit to the group known as FWBank.[2] At the time, First Women's Bank was the first new bank to be opened in Illinois since 2007[2]
References
[edit]- ^ Palumbo, Jennifer Jay. "How One Chicago Bank Is Growing The Economy And Advancing Women In Business". Forbes. Retrieved 2024-10-28.
- ^ a b c "press-release". www.illinois.gov. Retrieved 2024-10-28.
- ^ "First Women's Bank receives first new Illinois banking charter in more than a decade". Chicago Tribune. 2021-07-08. Retrieved 2024-10-28.