Chicago’s Urban Partnership Bank has launched a campaign to raise at least $15 million in new equity. The bank's chairman, David Vitale, is meeting with CEOs of locally headquartered banks like Northern Trust, PrivateBancorp, Wintrust Financial and MB Financial to help the bank recapitalize. Urban Partnership is operating under an Aug. 5 consent order with state and federal bank regulators that requires it to raise capital and pursue a new business plan. Investing in Urban Partnership could appeal to local bankers because, as a CDFI, an investment in UPB will give their banks credit under the Community Reinvestment Act. Their choice: Build their own branches in parts of the city they might prefer to avoid or help prop up Urban Partnership, which already is serving many of those areas.