Community Focus Beverly Bank & Trust Company emphasizes a community-oriented approach, serving clients in the Chicagoland area, northwest Indiana, southern Wisconsin, and Florida through over 175 locations. This local presence offers opportunities to offer tailored banking solutions, community development products, and localized financial services.
Recent Growth & Mergers The company has expanded its footprint through strategic mergers, notably with North Shore Bank, indicating an active growth strategy that may open doors for partnership or cross-selling opportunities related to banking, wealth management, and insurance services.
Recognition & Credibility Receiving awards such as the Small Business Lender of the Quarter from the SBA enhances Beverly Bank's reputation among small business clients, presenting a chance to offer specialized business lending, financing, and small business advisory services to its existing network.
Digital & Analytics Tools Utilizing advanced digital tools like Google Analytics and Google Tag Manager demonstrates a focus on data-driven marketing and customer insights, creating opportunities to introduce enhanced financial digital solutions, marketing automation, and customer engagement platforms.
Market Position & Potential With revenues under $10 million and a focused regional presence, Beverly Bank presents a strategic opportunity for mid-sized financial solutions, technology upgrades, and personalized banking services aimed at strengthening local market share and customer loyalty.