Royal American Bank

Status:Inactive as of 07/03/2006
 Merger - Without Assistance
Successor Bank:Midwest Bank and Trust Company
Headquarters:Royal American Bank
1604 Colonial Parkway
Palatine, IL 60067
Established:04/15/1991
FDIC Insurance:04/15/1991
FDIC Cert:#33370
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Total Assets:$556,388,000
Total Deposits:$467,999,000

History

1991-04-15Institution established: Original name:Royal American Bank
2006-07-03Merged into and subsequently operated as part of Midwest Bank and Trust Company (18117) in ELMWOOD PARK, 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 (2006-06-30 and Older)