The Allstate Corp sells $570 million in loans to Wintrust Bank

Allstate Corp - 1 million dollars

The deal also made the bank the national preferred loan provider to the insurer’s agents. The Allstate Corp and Wintrust Bank have come to an agreement in which $570 million of loans have been sold to the bank, and that financial institution has become the preferred national provider of loans to the insurer’s agents. In total, the bank will be purchasing 1,800 loans to agents across the country. The bank, which is based in Rosemont, Illinois, has branches in Lansing, Dyer, and across the southern suburbs in the state. It…

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