Inside these posts: Bank purchase

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Chase hiking fees on more services

(Heather Stone/Chicago Tribune)

Chase, Chicago’s biggest bank in terms of branches and deposit market share, is making it more expensive to stop payment on a check, do wire transfers and use a foreign ATM, among other things.

Chase is also telling its checking and savings customers that starting on Feb. 5, it’ll hike several other fees.

The bank recently instituted a minimum direct deposit threshold to maintain free checking if customers don’t meet certain other criteria. Get the full story »

BankFinancial to buy failing bank on its own

From Crain’s Chicago Business | BankFinancial is buying the parent of  Downers Grove National for $2 million in cash without FDIC help. That is the first such unassisted transaction to take place in the Chicago area since the recession began.