Independence Bank of Chicago

Illinois – Cook – Chicago

(NM) Commercial bank, state charter and Fed nonmember

inactive

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(NM) Commercial bank, state charter and Fed nonmember

inactive

19308

1964

FDIC Certificate Number: 19308
FDIC's unique number: 13121
The FDIC Field Office where an institution is physically located: Chicago

Federal Reserve ID Number: 77730
Report Date: 1995-12-31

Bank Charter Class: NM
The date of the last data update: 2000-03-14

1964-12-14 Institution established. Original name: Independence Bank Of Chicago.
1979-07-16 Acquired Guaranty Bank & Trust Company in Chicago, Illinois.
1979-07-16 Acquired Gateway National 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: $145,671,000
Total deposits: $123,330,000
Last updated on: 2011-10-20

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Profile ID: LFUS-BAB-P-16314

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