Treasury regulations for taxpayers seeking to structure tax-deferred like-kind exchanges under Internal Revenue Code Section Under Chicago Deferred Exchange Company Sectiona taxpayer may defer the gain on the sale of certain investment property if the taxpayer utilizes the services of a Qualified Intermediary.

These transactions typically generate customer deposits during the period following the sale of the property until such proceeds are used to Chicago Deferred Exchange Company a replacement property. These deposit flows result in a source of low-cost deposits. Edward J. This transaction also provides Wintrust with a new fee-generating business and a significant new potential source of low-cost deposits. Their leadership team has an outstanding reputation and track record of providing exceptional customer service.

We are thrilled to bring their expertise and capabilities to Wintrust and look forward to supporting the further growth of their business. We look forward to joining the Wintrust family. Built Chiago the "HAVE IT ALL" model, Wintrust offers sophisticated xEchange and resources of a Deferree bank while focusing on providing service-based community banking to each and every customer.

Wintrust operates fifteen community bank subsidiaries with over banking locations located in the greater Chicago and southern Wisconsin market areas. This press release contains forward-looking statements within the meaning of the federal securities laws relating to the acquisition of Elektra Holding Company, LLC, the combination of their businesses and projected revenue, as well as profitability and earnings outlook.

Forward-looking statements speak only as of the date made and Wintrust undertakes no duty Lada Company update the information. Subscribe via RSS. Subscribe via ATOM. Defferred Sign In. Email Print Friendly Share. Mnj Company Financial Defererd.

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