National Bank of Commerce

Status:Inactive as of 01/16/2009
 Absorption - Assisted
Successor Bank:Republic Bank of Chicago
Headquarters:National Bank of Commerce
5500 St. Charles Road
Berkeley, IL 60163
Established:07/26/1966
FDIC Insurance:07/13/1967
FDIC Cert:#19733
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Total Assets:$419,741,000
Total Deposits:$395,868,000

History

1966-07-26Institution established but was not FDIC insured. Original name: Bank of Commerce in Berkeley
1967-07-13Became FDIC insured.
1967-07-13Changed primary regulatory agency from STATE to FEDERAL DEPOSIT INSURANCE CORPORATION
1984-09-01Changed name to National Bank of Commerce
1984-09-01Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to COMPTROLLER OF THE CURRENCY
1988-11-15Reorganized.
1999-04-09Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
2009-01-16Failed. Acquired with government financial assistance and subsequently operated as part of Republic Bank of Chicago (19333)
2009-06-05Acquired Bank of Lincolnwood (17309) in LINCOLNWOOD, IL as part of a government assisted transaction.
2009-09-01Change trust powers from FULL TRUST POWERS GRANTED to LIMITED TRUST POWERS GRANTED
2010-04-23Acquired Citizens Bank and Trust Company of Chicago (34658) in CHICAGO, IL as part of a government assisted transaction.
2014-01-17Acquired DuPage National Bank (5732) in WEST CHICAGO, IL as part of a government assisted transaction.
2014-05-16Acquired AztecAmerica Bank (57866) in BERWYN, IL as part of a government assisted transaction.
2015-05-08Acquired Edgebrook Bank (57772) in CHICAGO, IL as part of a government assisted transaction.
2017-10-18Reorganized.

Financial Information (2008-12-31 and Older)