Broadway Bank was a Chicago bank that existed from 1979 to 2010, and was owned by the Giannoulias family.
It was founded in 1979 by Alexis Giannoulias, a Greek immigrant. His sons, Demetris Giannoulias and Alexi Giannoulias, were also heavily involved in the bank. Demetris eventually became a senior officer, and Alexi was a vice president and senior loan officer[1] from 2002 to 2006.[2] By 2010, Demetris was CEO.[3] Its financial situation and history of questionable loans were a factor in the campaign of Alexi Giannoulias in the 2010 U.S. Senate election in Illinois.
- ^ Dumke, Mick (2009-12-03). "Alexi's Albatross: Can Alexi Giannoulias shake off the problems plaguing his family's bank to win Obama's old Senate seat?". Chicago Reader. Chicago: Creative Loafing. Retrieved 2010-04-24.
- ^ Dumke, Mick (2010-01-27). "The Feds Take Action Against Broadway Bank". Chicago Reader: The Blog. Chicago: Creative Loafing. Retrieved 2010-04-24.
- ^ Daniels, Steve. "Regulators clamp down on Giannoulias' Broadway Bank". Crain's Chicago Business. Crain Communications. Retrieved 2010-04-24.