Can Chicago's socially-conscious (South) Shore Bank survive?

Let's hope so. For decades, it has been filling the niche market of providing development financing for those communities most in need. Businesses, homes and non-profits in the neighborhoods all benefited. But I have to confess that I was always curious about how a bank could survive making loans to what other lenders considered to be the most risky borrowers.

The latest in the bank's troubles are reported in this Crain's Chicago Business article. A good background story appeared in chicago weekly on line. Here is the  bank's website.

Leave a comment

  • Advertisement:
  • Advertisement:
  • ChicagoNow is full of win

    Welcome to ChicagoNow.

    Meet our bloggers,
    post comments, or
    pitch your blog idea.

  • Visit my new website

    I'm a freelance writer, editor and author. I can help you with a wide variety of projects. Check out my new website at

  • Subscribe to The Barbershop

    Enter your email address:

    Delivered by FeedBurner

  • Dennis Byrne’s Facebook Fan Page

  • Like me on Facebook

  • Our National Debt

  • Twitter

  • Tags

  • Recent Comments

  • /Users/dennisby/Desktop/trailer.mp4
  • Advertisement: