Universal Federal Savings Bank

Status:	Inactive as of 06/28/2002
	Absorption - Assisted
Successor Bank:	Chicago Community Bank
Headquarters:	Universal Federal Savings Bank 1800 S Halsted St Chicago, IL 60608
Established:	01/01/1923
FDIC Insurance:	08/09/1989
FDIC Cert:	#29355
Charter Class:	Savings banks, state charter, supervised by the FDIC
Total Assets:	$51,628,000
Total Deposits:	$40,340,000

History

1923-01-01		Institution established: Original name:Universal Savings and Loan Association
1992-08-20		Changed name to Universal Federal Savings Bank
1992-08-20		Changed organization type to MUTUAL SAVINGS BANK
2002-06-27		Bank closed by primary federal regulator pending acquisition.
2002-06-28		Failed. Acquired with government financial assistance and subsequently operated as part of Chicago Community Bank (14267)
2011-03-30		Changed name to Metrobank (16641)
2011-03-30		Acquired Chicago Community Bank (14267) in CHICAGO, IL
2011-03-30		Acquired Community Bank of DuPage (58353) in DOWNERS GROVE, IL
2011-03-30		Merged into and subsequently operated as part of Metrobank (16641) in BERWYN, IL
2011-03-30		Acquired Metropolitan Bank and Trust Company (912) in CHICAGO, IL
2013-06-28		Acquired Plaza Bank, Norridge, Illinois (18055) in NORRIDGE, IL
2013-06-28		Acquired Oswego Community Bank (17899) in OSWEGO, IL
2013-06-28		Acquired Archer Bank (18625) in CHICAGO, IL
2013-06-28		Acquired Metrobank (16641) in BERWYN, IL
2013-06-28		Merged into and subsequently operated as part of North Community Bank (20624) in CHICAGO, IL
2013-12-17		Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
2015-01-28		Changed name to Byline Bank (20624)
2016-10-14		Acquired Ridgestone Bank (34101) in BROOKFIELD, WI
2018-05-31		Acquired First Bank & Trust (34060) in EVANSTON, IL
2019-04-30		Acquired Community Bank of Oak Park River Forest (34325) in OAK PARK, IL
2021-06-23		Moved bank headquarters from 180 N La Salle St, Chicago, IL to 180 N La Salle St, Chicago, IL.