MB Financial Bank

MB Financial Bank, originally established as The Mid-City National Bank of Chicago on May 6, 1933, underwent a series of name changes and acquisitions throughout its history. In 1984, the bank relocated its main office to 303 East Wacker Drive, Chicago, Illinois, and expanded its operations by acquiring United of America Bank on April 26 of the same year. The bank continued to grow, acquiring institutions such as Clyde Federal Savings Association in 1991 and Peoples Federal Savings and Loan Association in 1995. The early 2000s saw significant acquisitions, including Manufacturers Bank and First National Bank of Elmhurst in November 2001, which coincided with the name change to MB Financial Bank, National Association. By 2014, MB Financial Bank had acquired Cole Taylor Bank in Chicago, Illinois, enhancing its presence in the area. The bank engaged in several government-assisted mergers during the financial crises of the late 2000s, acquiring multiple institutions such as Corus Bank and Heritage Community Bank between 2009 and 2010. On May 4, 2019, MB Financial Bank merged with Fifth Third Bank in Cincinnati, Ohio, and subsequently changed its institution name to Fifth Third Bank, National Association, effectively marking the end of its operation as an independent bank.

Below is a list of some important events in banks history, including mergers and acquisitions.

1933-05-06Institution established. Original name: The Mid-City National Bank of Chicago.

1984-04-26Acquired United of America Bank in Chicago, IL.

1984-12-13Main Office moved to 303 East Wacker Drive, Chicago, IL 60601.

1991-05-31Acquired Clyde Federal Savings Association in North Riverside, IL.

1995-04-10Acquired Peoples Federal Savings and Loan Association in Chicago, IL.

1999-07-01Acquired Damen National Bank in Schaumburg, IL.

2001-11-07Acquired First National Bank of Morton Grove in Morton Grove, IL.

2001-11-07Acquired First National Bank of Elmhurst in Elmhurst, IL.

2001-11-07Acquired Manufacturers Bank in Chicago, IL.

2001-11-15Changed Institution Name to Mb Financial Bank, National Association.

2001-12-27Main Office moved to 801 West Madison, Chicago, IL 60607.

2002-04-05Acquired The First National Bank of Lincolnwood in Lincolnwood, IL.

2003-05-15Acquired South Holland Trust & Savings Bank in South Holland, IL.

2004-07-22Acquired Fsfsb, National Association in Chicago, IL.

2005-09-26Main Office moved to 800 West Madison Street, Chicago, IL 60607.

2006-11-02Acquired Oak Brook Bank in Oak Brook, IL.

2009-02-27Acquired Heritage Community Bank in Glenwood, IL as part of a government assisted merger.

2009-09-04Acquired InBank in Oak Forest, IL as part of a government assisted merger.

2009-09-11Acquired Corus Bank, National Association in Chicago, IL as part of a government assisted merger.

2009-12-04Acquired Benchmark Bank in Aurora, IL as part of a government assisted merger.

2010-04-23Acquired Broadway Bank in Chicago, IL as part of a government assisted merger.

2010-04-23Acquired New Century Bank in Chicago, IL as part of a government assisted merger.

2014-08-18Acquired Cole Taylor Bank in Chicago, IL.

2016-08-24Acquired American Chartered Bank in Schaumburg, IL.

2019-05-04Merged and became part of Fifth Third Bank in Cincinnati, OH.

2019-11-14Changed Institution Name to Fifth Third Bank, National Association.