8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of

The Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): March 17, 2006

                 Taylor Capital Group, Inc.               

(Exact name of registrant as specified in its charter)

Delaware	0-50034	36-4108550
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

9550 West Higgins Road, Rosemont, Illinois	60018
(Address of principal executive offices)	(Zip Code)

Registrant's telephone number, including area code: (847) 653-7978

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Events.

On March 17, 2006, Taylor Capital Group, Inc. (the "Company") issued a press release announcing the quarterly cash dividend to common shareholders and shareholders of the trust preferred securities issued by TAYC Capital Trust I. In addition, the Company also established the date of its Annual Meeting of Shareholders as Thursday, June 15, 2006. A copy of the Company's press release is furnished as Exhibit 99.1 to this current report on Form 8-K.

Item 9.01 Financial Statements and Exhibits.

(c) Exhibits

99.1 Press release dated March 17, 2006, announcing the quarterly dividends and date of Annual Meeting of Shareholders.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: March 17, 2006

TAYLOR CAPITAL GROUP, INC.
By:	/s/ BRUCE W. TAYLOR
	Bruce W. Taylor
	President

EXHIBIT INDEX

Exhibit No.	Description
99.1	Press release dated March 17, 2006, announcing the quarterly dividends and date of Annual Meeting of Shareholders.

EX-99.1

EXHIBIT 99.1

TAYLOR CAPITAL GROUP, INC. BOARD OF DIRECTORS

DECLARES QUARTERLY DIVIDENDS

Rosemont, IL -- March 17, 2006 -- The Board of Directors of Taylor Capital Group, Inc. (NASDAQ: TAYC) approved a cash dividend of $0.06 per share of its common stock, payable on April 7, 2006 for stockholders of record as of March 28, 2006. Also, a cash dividend of $0.609375 per share of trust preferred securities issued by TAYC Capital Trust I is payable on March 31, 2006 to stockholders of record as of March 30, 2006.

The Board of Directors also established Thursday, June 15, 2006, as the date of the Company's Annual Meeting of Shareholders.

About Taylor Capital Group, Inc.

Taylor Capital Group, Inc. is a $3.2 billion bank holding company whose wholly owned subsidiary, Cole Taylor Bank, is Chicago's leading commercial bank specializing in serving the business banking, real estate lending and wealth management requirements of closely held and family-owned small- and mid-sized businesses. 

The bank operates 11 business banking centers throughout the Chicago metropolitan area. Cole Taylor Bank is a member of the FDIC and an Equal Housing Lender.

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For further information:

Daniel C. Stevens
Chief Financial Officer
847-653-7730