Midwest Bank and Trust Company

Status:Inactive as of 2010-05-14
 Absorption - Assisted
Successor Bank:Firstmerit Bank
Headquarters:Midwest Bank and Trust Company
1606 North Harlem Avenue
Elmwood Park, IL 60707
Established:1959-12-10
FDIC Insurance:1959-12-10
FDIC Cert:#18117
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
# of Branches:26
Total Assets:$3,172,915,000
Total Deposits:$2,420,738,000

History

1959-12-10Institution established: Original name:Midwest Bank and Trust Company
1991-03-25Acquired Midwest Bank & Trust Company of Chicago (18176) in CHICAGO, IL
1995-07-05Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2002-08-19Acquired midwest Bank of Hinsdale (33415) in HINSDALE, IL
2002-08-19Acquired Midwest Bank of Mc Henry County (11304) in UNION, IL
2003-01-03Acquired Fairfield Savings Bank, F.S.B. (29544) in LONG GROVE, IL
2006-07-03Acquired Royal American Bank (33370) in INVERNESS, IL
2007-10-01Acquired Mount Prospect National Bank (34547) in MOUNT PROSPECT, IL
2010-05-14Failed. Acquired with government financial assistance and subsequently operated as part of Firstmerit Bank, National Association (13675)
2013-04-12Acquired Citizens Bank (986) in FLINT, MI
2016-08-16Merged into and subsequently operated as part of The Huntington National Bank (6560) in COLUMBUS, OH

Financial Information (2010-03-31 and Older)