Covest Banc
Status: | Inactive as of 02/14/2004 |
Merger - Without Assistance | |
Successor Bank: | First Midwest Bank |
Headquarters: | Covest Banc 749 Lee Street Des Plaines, IL 60016 |
Established: | 07/01/1934 |
FDIC Insurance: | 10/26/1934 |
FDIC Cert: | #29008 |
Charter Class: | Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) |
Total Assets: | $586,291,000 |
Total Deposits: | $471,090,000 |
History
1934-07-01 | Institution established: Original name:First Federal Savings and Loan Association of Des Plaines | |
1990-10-31 | Changed name to First Federal Bank For Savings | |
1990-10-31 | Changed organization type to MUTUAL SAVINGS BANK | |
1992-06-30 | Changed organization type to STOCK SAVINGS BANK | |
1997-06-05 | Changed name to Covest Banc, FSB | |
1997-08-01 | Changed organization type to COMMERCIAL BANK | |
1997-08-01 | Changed name to Covest Banc, National Association | |
1997-08-01 | Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY | |
2004-02-14 | Merged into and subsequently operated as part of First Midwest Bank (3709) in ITASCA, IL | |
2006-05-13 | Acquired Bank Calumet National Association (9644) in HAMMOND, IN | |
2009-10-23 | Acquired First Dupage Bank (35038) in WESTMONT, IL as part of a government assisted transaction. | |
2010-04-23 | Acquired Peotone Bank and Trust Company (10888) in PEOTONE, IL as part of a government assisted transaction. | |
2010-08-13 | Acquired Palos Bank and Trust Company (17599) in PALOS HEIGHTS, IL as part of a government assisted transaction. | |
2012-08-03 | Acquired Waukegan Savings Bank (28243) in WAUKEGAN, IL as part of a government assisted transaction. | |
2014-12-06 | Acquired Great Lakes Bank, National Association (3610) in BLUE ISLAND, IL | |
2015-12-05 | Acquired The Peoples' Bank of Arlington Heights (35195) in ARLINGTON HEIGHTS, IL | |
2016-03-12 | Acquired The National Bank & Trust Company of Sycamore (10036) in SYCAMORE, IL | |
2017-02-04 | Acquired Standard Bank and Trust Company (16606) in HICKORY HILLS, IL | |
2018-05-07 | Moved bank headquarters from ITASCA, IL to CHICAGO, IL | |
2018-12-07 | Acquired Norstates Bank (18626) in WAUKEGAN, IL | |
2019-05-11 | Acquired Bridgeview Bank Group (21122) in BRIDGEVIEW, IL | |
2020-06-13 | Acquired Park Bank (26218) in MILWAUKEE, WI |