The bank's stated mission was to build vibrant urban neighborhoods, promote economic and environmental sustainability in distressed and underserved areas of Chicago, Cleveland, and Detroit.
[5] After enduring significant losses every year since its creation, the bank moved to cut its operating costs in 2016 by reducing its overall number of branches and employees.
[8][9] Urban Partnership Bank was led by a team of experienced financial services professionals with roots in the community.
Urban Partnership Bank President William Farrow and Executive Chairman David Vitale have said that their personal histories led them to take on the task of filling ShoreBank’s shoes.
[11] In Chicago, the bank’s branches served the communities of Chatham, Austin, Bellwood, Bronzeville, Greater Grand Crossing, South Shore, Kenwood, Loop, West Ridge, and Stone Park.