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