Cooperative Federal Savings and Loan Association

Status:Inactive as of 07/19/1991
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:Co-Operative Federal Savings Bank
Headquarters:Cooperative Federal Savings and Loan Association
6125 South Cass Avenue
Westmont, IL 60559
Established:01/01/1907
FDIC Insurance:08/14/1952
FDIC Cert:#30545
Charter Class:
Total Assets:$74,903,000
Total Deposits:$46,985,000

History

1907-01-01Institution established: Original name:Cooperative Federal Savings and Loan Association
1991-07-19Failed, went into receivership, and then became part of Co-Operative Federal Savings Bank (33462)
1991-07-19Institution established: Original name:Co-Operative Federal Savings Bank (33462)
1991-07-19Placed into government conservatorship.
1991-12-13Acquired after government financial assistance and subsequently operated as part of Heritage/Glenwood Bank (20078)
1991-12-13Government conservatorship or bridge bank resolved.
1994-11-03Changed name to Heritage Community Bank (20078)
1994-11-03Change trust powers from TRUST POWERS NOT GRANTED to LIMITED TRUST POWERS GRANTED
1994-11-03Acquired Riverdale Bank (10795) in RIVERDALE, IL
2004-05-12Change trust powers from LIMITED TRUST POWERS GRANTED to TRUST POWERS TERMINATED
2009-02-27Failed. Acquired with government financial assistance and subsequently operated as part of MB Financial Bank, National Association (3628)
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 primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY
2019-11-14Changed institution class to INSURED COMMERCIAL BANK, NATIONAL, MEMBER FRS
2019-11-14Changed name to Fifth Third Bank, National Association (6672)