The Bank of Commerce
Status: | Inactive as of 03/25/2011 |
Absorption - Assisted | |
Successor Bank: | Schaumburg Bank & Trust Company |
Headquarters: | The Bank of Commerce 171 East Irving Park Road Wood Dale, IL 60191 |
Established: | 04/21/1997 |
FDIC Insurance: | 04/21/1997 |
FDIC Cert: | #34292 |
Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
Total Assets: | $163,074,000 |
Total Deposits: | $161,379,000 |
History
1997-04-21 | Institution established: Original name:The Bank of Commerce | |
2004-11-23 | Moved bank headquarters from DOWNERS GROVE, IL to WOOD DALE, IL | |
2005-02-28 | Reorganized. | |
2011-03-25 | Failed. Acquired with government financial assistance and subsequently operated as part of Advantage National Bank (57103) | |
2011-07-15 | Changed name to Schaumburg Bank & Trust Company, National Association (57103) | |
2011-10-29 | Moved bank headquarters from WOOD DALE, IL to SCHAUMBURG, IL |