Ben Franklin Bank of Illinois

Status:Inactive as of 09/30/2020
 Other Liquidations and Closings
Change in Insurance Status
Change in Primary Regulatory Agency
Change in Supervisory Agency
Headquarters:Ben Franklin Bank of Illinois
830 East Kensington Road
Arlington Heights, IL 60004
Established:01/01/1893
FDIC Insurance:01/29/1941
FDIC Cert:#28384
Charter Class:
Total Assets:$93,017,000
Total Deposits:$77,238,000

History

1893-01-01Institution established: Original name:Douglas Savings and Loan Association
1989-09-27Changed name to Douglas Savings Bank
1993-07-22Changed organization type to MUTUAL SAVINGS BANK
1998-04-30Changed name to Ben Franklin Bank of Illinois
2006-10-18Changed organization type to STOCK SAVINGS BANK
2011-07-21Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY
2014-06-25Changed organization type to MUTUAL SAVINGS BANK
2020-09-30Voluntarily relinquished FDIC insurance
2020-09-30Changed institution class to NONINSURED SAVINGS INSTITUTIONS
2020-09-30Changed primary regulatory agency from COMPTROLLER OF THE CURRENCY to STATE
2020-09-30Closed voluntarily and liquidated its assets.

Financial Information (2020-03-31 and Older)