Standard Bank and Trust Company

  • Bank Name:Standard Bank and Trust Company
  • Bank Class:State Chartered - FED Nonmember Bank
  • FDIC ID:Certificate #16606 - Inactive
  • FED RSSD ID:#19730 - Inactive
Headquarters:7800 West 95th Street, Hickory Hills, Illinois 60457
Acquired by First Midwest Bank
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History Of Standard Bank and Trust Company

Standard Bank and Trust Company was established on August 16, 1947, originally operating under the name Standard State Bank. Over the decades, the institution underwent several name changes and relocations, including a significant rebranding to Standard Bank and Trust Company in 1962. The bank moved its main office multiple times, with notable relocations to Evergreen Park, Illinois, in 1970 and to Hickory Hills, Illinois, in 1996. In 1992, it expanded by acquiring Standard Bank and Trust Company of Hickory Hills. Throughout the late 1990s and early 2000s, the bank continued to grow through mergers and acquisitions, including the purchase of Exchange Bank in Gardner, Illinois, in 1999, and BankChicago in Chicago, Illinois, in 2003. In June 2003, it acquired Security Federal Bank & Trust in Saint John, Indiana. The bank's trajectory shifted with a merger into First Midwest Bank on February 4, 2017, followed by its eventual merger into Old National Bank on February 16, 2022.

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

1947-08-16Institution established. Original name: Standard State Bank.

1962-06-01Changed Institution Name to Standard Bank and Trust Company.

1970-11-07Changed Institution Name to Standard Bank And Trust Company.

1970-11-07Main Office moved to 2400 West 95th Street, Evergreen Park, IL 60642.

1974-11-01Changed Institution Name to Heritage/Standard Bank and Trust Company.

1986-07-11Changed Institution Name to Standard Bank and Trust Company.

1992-09-19Acquired Standard Bank and Trust Company of Hickory Hills in Hickory Hills, IL.

1996-08-12Main Office moved to 7800 West 95th Street, Hickory Hills, IL 60457.

1999-05-10Acquired Exchange Bank in Gardner, IL.

2003-04-15Acquired BankChicago in Chicago, IL.

2003-06-05Acquired Security Federal Bank & Trust in Saint John, IN.

2017-02-04Merged and became part of First Midwest Bank in Itasca, IL.

2022-02-16Merged and became part of Old National Bank in Evansville, IN.

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