New Century Bank

Status:Inactive as of 04/23/2010
 Absorption - Assisted
Successor Bank:MB Financial Bank
Headquarters:New Century Bank
363 West Ontario Street
Chicago, IL 60610
Established:01/11/1999
FDIC Insurance:01/11/1999
FDIC Cert:#34821
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$447,239,000
Total Deposits:$438,999,000

History

1999-01-11Institution established: Original name:New Century Bank
2010-04-23Failed. Acquired with government financial assistance and subsequently operated as part of MB Financial Bank, National Association (3628)
2010-04-23Acquired New Century Bank 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 FEDERAL DEPOSIT INSURANCE CORPORATION 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)

Financial Information (2010-03-31 and Older)