Clyde Federal Savings and Loan Association

Status:Inactive as of 02/02/1990
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:Clyde Federal Savings Association
Headquarters:Clyde Federal Savings and Loan Association
7222 West Cermak Road
Riverside, IL 60546
Established:01/01/1914
FDIC Insurance:09/17/1943
FDIC Cert:#29470
Charter Class:
Total Assets:$574,684,000
Total Deposits:$563,728,000

History

1914-01-01Institution established: Original name:Clyde Federal Savings and Loan Association
1981-03-31Acquired Suburban Savings and Loan Association (28343) in BERWYN, IL
1981-09-30Acquired Public Savings and Loan Association of Chicago (27721) in CHICAGO, IL
1982-12-31Acquired Mt. Prospect Federal Savings and Loan Association (30980) in MOUNT PROSPECT, IL
1990-02-02Institution established: Original name:Clyde Federal Savings Association (32925)
1990-02-02Placed into government conservatorship.
1990-02-02Failed, went into receivership, and then became part of Clyde Federal Savings Association (32925)
1991-05-31Acquired after government financial assistance and subsequently operated as part of The Mid-City National Bank of Chicago (3628)
1991-05-31Government conservatorship or bridge bank resolved.
1995-04-10Acquired Peoples Federal Savings and Loan Association (28104) in CHICAGO, IL
1999-07-01Acquired Damen National Bank (29153) in SCHAUMBURG, IL
2001-11-07Acquired Manufacturers Bank (16230) in CHICAGO, IL
2001-11-07Acquired First National Bank of Elmhurst (19981) in ELMHURST, IL
2001-11-07Acquired First National Bank of Morton Grove (17064) in MORTON GROVE, IL
2001-11-15Changed name to MB Financial Bank, National Association (3628)
2001-12-27Moved bank headquarters from NORTH RIVERSIDE, IL to CHICAGO, IL
2002-04-05Acquired The First National Bank of Lincolnwood (17501) in LINCOLNWOOD, IL
2003-05-15Acquired South Holland Trust & Savings Bank (10824) in SOUTH HOLLAND, IL
2004-07-22Acquired FSFSB, National Association (30017) in CHICAGO, IL
2006-11-02Acquired Oak Brook Bank (18498) in OAK BROOK, IL
2009-02-27Acquired Heritage Community Bank (20078) in GLENWOOD, IL as part of a government assisted transaction.
2009-09-04Acquired InBank (20203) in OAK FOREST, IL as part of a government assisted transaction.
2009-09-11Acquired Corus Bank, National Association (13693) in CHICAGO, IL as part of a government assisted transaction.
2009-12-04Acquired Benchmark Bank (10440) in AURORA, IL as part of a government assisted transaction.
2010-04-23Acquired New Century Bank (34821) in CHICAGO, IL as part of a government assisted transaction.
2010-04-23Acquired Broadway Bank (22853) in CHICAGO, IL as part of a government assisted transaction.
2014-08-18Acquired Cole Taylor Bank (22599) in CHICAGO, IL
2016-08-24Acquired American Chartered Bank (27006) in SCHAUMBURG, IL
2019-05-04Merged into and subsequently operated as part of Fifth Third Bank (6672) in CINCINNATI, OH
2019-11-14Changed institution class to INSURED COMMERCIAL BANK, NATIONAL, MEMBER FRS
2019-11-14Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY
2019-11-14Changed name to Fifth Third Bank, National Association (6672)