Royal Savings Bank

Status:Inactive as of 2022-01-31
 Merger - Without Assistance
Successor Bank:Peoples Bank
Headquarters:Royal Savings Bank
9226 South Commercial Avenue
Chicago, IL 60617
Established:1887-01-01
FDIC Insurance:1938-06-09
FDIC Cert:#28068
Charter Class:Savings banks, state charter, supervised by the FDIC
# of Branches:9
Total Assets:$546,412,000
Total Deposits:$488,836,000

History

1887-01-01Institution established: Original name:Royal Savings and Loan Association of Chicago
1992-01-30Changed organization type to MUTUAL SAVINGS BANK
1992-01-30Changed name to Royal Savings Bank
2005-01-20Changed organization type to STOCK SAVINGS BANK
2015-09-30Acquired PNA Bank (28299) in CHICAGO, IL
2016-04-30Acquired Park Federal Savings Bank (28053) in CHICAGO, IL
2017-12-15Acquired Washington Federal Bank For Savings (30570) in CHICAGO, IL as part of a government assisted transaction.

Financial Information (2021-12-31 and Older)