Algonquin State Bank
- Bank Name:Algonquin State Bank
- Bank Class:State Chartered - FED Nonmember Bank
- Member FDIC:Certificate #13080
- Routing Number:ACH & Wire - 071911296
- Locations:2 Branches in Illinois
- Web Address:algonquinstatebank.com
Algonquin State Bank Information
Algonquin State Bank was founded in March 1902 and is based in Algonquin, Illinois. The bank operates as a subsidiary of First Algonquin Company. According to the Federal Deposit Insurance Corporation records and based on the institution's charter type, Algonquin State Bank is classified as a commercial bank, state charter and Fed nonmember, supervised by the FDIC. Algonquin State Bank is a FDIC-insured bank with certificate number of 13080. The assigned Fed RSSD ID of Algonquin State Bank is 585235.
Algonquin State Bank currently operates with 2 branches located in Illinois. The bank does not have any offices outside Illinois.
A routing number is a nine-digit code used to identify a financial institution. The bank has one routing number in our database and the routing number for Algonquin State Bank is 071911296. This routing number is necessary to process ACH transfers, wire transactions, direct deposits, bill payments, and other monetary transfers within the US.
The full address of bank headquarters is 2400 Huntington Drive North, Algonquin, IL 60102. You can visit the official website of the bank at https://www.algonquinstatebank.com for more information and online banking service if available. For a comprehensive list of Algonquin State Bank branches, including detailed information such as hours of operation, contact numbers, addresses, available services, and more, please narrow your search by selecting a location from the map or list below.
Map Of Branch Locations
Bank Offices In Illinois
History Of Algonquin State Bank
Algonquin State Bank was established on March 3, 1902, under its original name, Algonquin State Bank. Over the years, the bank underwent several changes in regulatory status and name. On April 1, 1997, the bank changed its name to Algonquin State Bank, National Association, and became a member of the Federal Reserve System, regulated by The Office of the Comptroller of the Currency. In addition, the main office moved to 2400 Huntington Drive North, Algonquin, Illinois, on the same day. On October 16, 1978, it was granted full trust powers. However, on December 23, 2016, Algonquin State Bank transitioned to a state-chartered institution, withdrew from membership in the Federal Reserve System, and changed its primary regulatory agency to the Federal Deposit Insurance Corporation (FDIC). The institution officially adopted its current name, Algonquin State Bank, on the same date. Most recently, on August 29, 2021, the main office relocated to its current address, also at 2400 Huntington Drive North, Algonquin, Illinois.
Below is a list of some important events in bank's history, including mergers and acquisitions.
08-29-2021Main Office moved to 2400 Huntington Dr N, Algonquin, IL 60102.
12-23-2016Changed Institution Name to Algonquin State Bank.
12-23-2016Changed Primary Federal Regulatory Agency to FDIC.
12-23-2016Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).
12-23-2016Changed Chartering Agency to State.
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