ShoreBank

Status:Inactive as of 09/30/2005
 Merger - Without Assistance
Successor Bank:ShoreBank
Headquarters:ShoreBank
540 East 105th Street
Cleveland, OH 44108
Established:03/31/1902
FDIC Insurance:01/01/1934
FDIC Cert:#753
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Total Assets:$65,360,000
Total Deposits:$50,851,000

History

1902-03-31Institution established: Original name:The Potters Bank & Trust Company
1994-04-30Moved bank headquarters from EAST LIVERPOOL, OH to CLEVELAND, OH
1994-04-30Changed name to Shore Bank & Trust Company
1997-01-15Change trust powers from FULL TRUST POWERS GRANTED to TRUST POWERS TERMINATED
1997-04-21Changed name to ShoreBank
2005-09-30Merged into and subsequently operated as part of ShoreBank (15640) in CHICAGO, IL
2006-11-20Acquired Greater Chicago Bank (18407) in BELLWOOD, IL
2010-08-20Failed. Acquired with government financial assistance and subsequently operated as part of Urban Partnership Bank (59051)
2019-01-28Reorganized.
2019-01-28Merged into and subsequently operated as part of Providence Bank & Trust (57754) in SOUTH HOLLAND, IL

Financial Information (2005-06-30 and Older)