Illinois – Cook – Chicago
(NM) Commercial bank, state charter and Fed nonmember
inactive
Illinois
Cook
Chicago
(NM) Commercial bank, state charter and Fed nonmember
inactive
16403
1946
FDIC Certificate Number: 16403
FDIC's unique number: 10580
The FDIC Field Office where an institution is physically located: Chicago
Federal Reserve ID Number: 142236
Report Date: 1979-06-30
Bank Charter Class: NM
The date of the last data update: 1997-07-02
1946-04-13 Institution established. Original name: Guaranty Bank & Trust Company.
1979-07-16 Merged with government financial assistance and subsequently operated as part of Independence Bank of Chicago in Chicago, Illinois.
1996-03-29 Merged into and subsequently operated as part of South Shore Bank of Chicago in Chicago, Illinois.
2000-11-10 Changed name to Shorebank .
2001-03-10 Acquired Shorebank, Detroit in River Rouge, Michigan.
2005-09-30 Acquired Shorebank in Cleveland, Ohio.
2006-11-20 Acquired Greater Chicago Bank in Bellwood, Illinois.
2010-08-20 Merged with government financial assistance and subsequently operated as part of Urban Partnership Bank in Chicago, Illinois.
2010-08-20 FDIC closing information for
Shorebank : http://www.fdic.gov/bank/individual/failed/shorebank.html.
Total assets: $7,639,000
Total deposits: $7,501,000
Last updated on: 2011-10-20
No affiliations
No associations
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Profile ID: LFUS-BAB-P-21528