Midwest Bank and Trust Company
Status: | Inactive as of 05/14/2010 |
Absorption - Assisted | |
Successor Bank: | Firstmerit Bank |
Headquarters: | Midwest Bank and Trust Company 1606 North Harlem Avenue Elmwood Park, IL 60707 |
Established: | 12/10/1959 |
FDIC Insurance: | 12/10/1959 |
FDIC Cert: | #18117 |
Charter Class: | Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) |
Total Assets: | $3,172,915,000 |
Total Deposits: | $2,420,738,000 |
History
1959-12-10 | Institution established: Original name:Midwest Bank and Trust Company | |
1991-03-25 | Acquired Midwest Bank & Trust Company of Chicago (18176) in CHICAGO, IL | |
1995-07-05 | Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD | |
2002-08-19 | Acquired midwest Bank of Hinsdale (33415) in HINSDALE, IL | |
2002-08-19 | Acquired Midwest Bank of Mc Henry County (11304) in UNION, IL | |
2003-01-03 | Acquired Fairfield Savings Bank, F.S.B. (29544) in LONG GROVE, IL | |
2006-07-03 | Acquired Royal American Bank (33370) in INVERNESS, IL | |
2007-10-01 | Acquired Mount Prospect National Bank (34547) in MOUNT PROSPECT, IL | |
2010-05-14 | Failed. Acquired with government financial assistance and subsequently operated as part of Firstmerit Bank, National Association (13675) | |
2013-04-12 | Acquired Citizens Bank (986) in FLINT, MI | |
2016-08-16 | Merged into and subsequently operated as part of The Huntington National Bank (6560) in COLUMBUS, OH |