Chicago developer pat-rick F. Daly needed a loan to buy a shopping center early last year, but a national bank he regularly dealt with had a problem. The bank couldn't track down some key information from an outside source quickly enough, and his deal-which would have expired if he couldn't move quickly-was put in jeopardy. So Daly called executives at Pri-vateBank & Trust, a tony little Chicago bank he used for his personal finances. Within 48 hours he had a short-term signature loan for "tens of thousands of dollars," and he bought the property. At PrivateBank, he says, "they make it their business to know your business. They're just very responsive."
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