Benchmark Bank
Status: | Inactive as of 12/04/2009 |
Absorption - Assisted | |
Successor Bank: | MB Financial Bank |
Headquarters: | Benchmark Bank One North Constitution Drive Aurora, IL 60506 |
Established: | 01/01/1898 |
FDIC Insurance: | 01/01/1934 |
FDIC Cert: | #10440 |
Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
Total Assets: | $173,062,000 |
Total Deposits: | $182,760,000 |
History
1898-01-01 | Institution established: Original name:Verona Exchange Bank | |
1995-02-01 | Changed name to Valley Bank | |
2000-07-06 | Changed name to Benchmark Bank | |
2001-02-28 | Moved bank headquarters from VERONA, IL to AURORA, IL | |
2009-12-04 | Failed. Acquired with government financial assistance and subsequently operated as part of MB Financial Bank, National Association (3628) | |
2010-04-23 | Acquired Broadway Bank (22853) in CHICAGO, IL as part of a government assisted transaction. | |
2010-04-23 | Acquired New Century Bank (34821) in CHICAGO, IL as part of a government assisted transaction. | |
2014-08-18 | Acquired Cole Taylor Bank (22599) in CHICAGO, IL | |
2016-08-24 | Acquired American Chartered Bank (27006) in SCHAUMBURG, IL | |
2019-05-04 | Merged into and subsequently operated as part of Fifth Third Bank (6672) in CINCINNATI, OH | |
2019-11-14 | Changed institution class to INSURED COMMERCIAL BANK, NATIONAL, MEMBER FRS | |
2019-11-14 | Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to COMPTROLLER OF THE CURRENCY | |
2019-11-14 | Changed name to Fifth Third Bank, National Association (6672) |