Tag: LaSalle Bank
First Midwest launches alarm lending practice
March 26, 2012Martha Entwistle
ITASCA, Ill.—Joining a growing number of lenders and investors with a specific interest in the security industry, First Midwest, which has $7.8 billion in assets, announced March 23 that its security alarm lending group is up and running and ready for business.Jessica Richardson, VP commercial banking, developed the alarm lending group for First Midwest. “We'll be competing with [industry lenders such as] Bank of America, CapitalSource and PrivateBank,” she said. “We're interested...
NYMP court hearing set for April 27
April 21, 2011Tess Nacelewicz
FREEPORT, N.Y.—Wayne Wahrsager, president of New York Merchants Protective Co., Inc. (NYMP)—a full-service alarm company here that's been in his family for more than 100 years—contends the company's court-appointed receiver is grossly mismanaging the business, causing “staggering waste and losses,” and also trying to fire the person vitally needed to ensure the business survives: Wayne Wahrsager.
“They're trying to terminate me as of right now,” Wahrsager...