Local business leader Yaneth Medina promoted to president of Elgin State Bank
Elgin State Bank, part of the Wintrust Community Banks family, announced the promotion of Yaneth Medina to president.
In this expanded role, she is responsible for overseeing budget planning, loan growth, and maximizing revenue in the Elgin market area for the bank’s parent charter, St. Charles Bank & Trust Company, N.A.
“Having this leadership role at this level is quite an honor,” Medina said. “My passion has always been to help others, whether personally or professionally. I’m excited to lead our banking team and continue to make a difference in the communities we serve.”
Wintrust is committed to diversity in all facets of business, including hiring and professional development of staff. As a prominent leader in the Latinx community, Medina is living out Wintrust’s values of supporting and giving back to the communities it serves.
In addition to serving on many internal and corporate level committees, she also dedicates her time to several organizations in the local area. Medina is the vice president and a board member for Centro De Informacion; chair and a board member for the Elgin Area Chamber of Commerce; and a board member for Marklund Charities.
She has been recognized as 2020 Woman of the Year by Today’s Inspired Latina and one of the 2019 Top 10 Corporate LATINA Executives of the Year, a national recognition, by LATINA Style Magazine.
“It is rewarding to know that I can inspire other women in business, as well as our Latino community,” Medina said.
Medina has been with Wintrust since 2004 and has more than 25 years of banking, relationship building, and leadership experience. She has a bachelor of professional studies degree in business with a concentration in finance from Roosevelt University.
Wintrust is a financial holding company with assets of over $45 billion whose common stock is traded on the NASDAQ Global Select Market. Built on the "HAVE IT ALL" model, Wintrust offers sophisticated technology and resources of a large bank while focusing on providing service-based community banking to each and every customer. Wintrust operates fifteen community bank subsidiaries, with over 170 banking locations located in the greater Chicago and southern Wisconsin market areas. Additionally, Wintrust operates various non-bank business units including business units which provide commercial and life insurance premium financing in the United States, a premium finance company operating in Canada, a company providing short-term accounts receivable financing and value-added out-sourced administrative services to the temporary staffing services industry, a business unit engaging primarily in the origination and purchase of residential mortgages for sale into the secondary market throughout the United States, and companies providing wealth management services and qualified intermediary services for tax-deferred exchanges.