Mutual Bank
Status: | Inactive as of 07/31/2009 |
Absorption - Assisted | |
Successor Bank: | United Central Bank |
Headquarters: | Mutual Bank 16540 South Halsted Street Harvey, IL 60426 |
Established: | 12/15/1962 |
FDIC Insurance: | 12/15/1962 |
FDIC Cert: | #18659 |
Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
Total Assets: | $1,595,657,000 |
Total Deposits: | $1,546,525,000 |
History
1962-12-15 | Institution established: Original name:First State Bank of Harvey | |
1980-05-14 | Changed name to Mutual Trust & Savings Bank | |
1994-01-01 | Changed name to Mutual Bank | |
2004-02-07 | Acquired Security Bank of DuPage (20111) in NAPERVILLE, IL | |
2009-07-31 | Failed. Acquired with government financial assistance and subsequently operated as part of United Central Bank (25330) | |
2014-09-01 | Merged into and subsequently operated as part of Hanmi Bank (24170) in LOS ANGELES, CA | |
2016-07-20 | Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS |