Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2010
Questionable loans and political scrutiny
The bank's loan practices and deteriorating financial condition became politically contentious during Alexi Giannoulias's 2010 campaign for the United States Senate. Public discussion focused on the relationship between the family-owned bank, troubled loans, and Giannoulias's prior executive role.
2006
Loren Billings loan litigation
Loren Billings's son challenged a Broadway Bank loan, alleging that she had dementia when the transaction was made. The bank won in Cook County court in 2008, while appellate proceedings were still being pursued in late 2009.