Independence Bank of Chicago
Status: | Inactive as of 03/29/1996 |
Merger - Without Assistance | |
Successor Bank: | ShoreBank |
Headquarters: | Independence Bank of Chicago 7936 South Cottage Grove Avenue Chicago, IL 60619 |
Established: | 12/14/1964 |
FDIC Insurance: | 12/14/1964 |
FDIC Cert: | #19308 |
Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
Total Assets: | $145,671,000 |
Total Deposits: | $123,330,000 |
History
1964-12-14 | Institution established: Original name:Independence Bank of Chicago | |
1979-07-16 | Acquired Guaranty Bank & Trust Company (16403) in CHICAGO, IL | |
1979-07-16 | Acquired Gateway National Bank of Chicago (17710) in CHICAGO, IL | |
1996-03-29 | Merged into and subsequently operated as part of South Shore Bank of Chicago (15640) in CHICAGO, IL | |
2000-11-10 | Changed name to ShoreBank (15640) | |
2001-03-10 | Acquired Shorebank, Detroit (34848) in RIVER ROUGE, MI | |
2005-09-30 | Acquired ShoreBank (753) in CLEVELAND, OH | |
2006-11-20 | Acquired Greater Chicago Bank (18407) in BELLWOOD, IL | |
2010-08-20 | Failed. Acquired with government financial assistance and subsequently operated as part of Urban Partnership Bank (59051) | |
2019-01-28 | Merged into and subsequently operated as part of Providence Bank & Trust (57754) in SOUTH HOLLAND, IL | |
2019-01-28 | Reorganized. |