PeoplesBank strengthens mutual structure as new CEO takes office. Updated: ; Jul. 12, 2016, 6:57 p.m. | Published: ; Jul. 12, 2016, 5:57 p.m.

(Crain's) -- Mutual Bank has sued to collect more than $10 million from developer James Letchinger and investor Fred Latsko, after a default on loan for a River North site where Mr. Letchinger ...