Wintrust Financial Corporation and Macatawa Bank Corporation Announce Plans to Merge

April 15, 2024

https://www.globenewswire.com/news-release/2024/04/15/2863147/11955/en/Wintrust-Financial-Corporation-and-Macatawa-Bank-Corporation-Announce-Plans-to-Merge.html

ROSEMONT, Ill. and HOLLAND, Mich., April 15, 2024 (GLOBE NEWSWIRE) — Wintrust Financial Corporation (“Wintrust”) (Nasdaq:WTFC) and Macatawa Bank Corporation (“Macatawa”) (Nasdaq:MCBC) today jointly announced that they have entered into a definitive merger agreement for Wintrust to acquire Macatawa in an all-stock transaction. Macatawa is the parent company of Macatawa Bank, a Michigan state-chartered bank, which is headquartered in Holland, Michigan and operates a network of 26 full-service branches located throughout communities in Kent, Ottawa and northern Allegan counties, including Grand Rapids.

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