WEST SUBURBAN BANK
- Bank Name:West Suburban Bank
- Bank Class:State Chartered - FED Nonmember Bank
- FDIC ID:Certificate #18509 - Inactive
- FED RSSD ID:#375034 - Inactive
HISTORY OF WEST SUBURBAN BANK
West Suburban Bank was established on April 27, 1962, originally under the name West Suburban Bank. Over the years, the institution underwent several significant changes and expansions. On November 22, 1971, it officially adopted the name West Suburban Bank. The bank's main office was located at 701-711 South Westmore Avenue in Lombard, Illinois, which became its designated address in 1974. In a major expansion effort on May 16, 1997, the bank acquired multiple branches, including West Suburban Bank of Aurora in Aurora, Illinois, West Suburban Bank of Carol Stream/Stratford Square in Bloomingdale, Illinois, West Suburban Bank of Downers Grove/Lombard in Downers Grove, Illinois, and West Suburban Bank of Darien in Darien, Illinois. On March 31, 2006, the institution formally changed its name to West Suburban Bank. In subsequent years, the main office relocated to 701-711 South Westmore-Meyers Road, Lombard, Illinois, on March 29, 2021, followed by another move to 701 Westmore Meyers Road in Lombard later that year on June 29. Ultimately, on December 1, 2021, West Suburban Bank merged with Old Second National Bank, headquartered in Aurora, Illinois, marking the conclusion of its independent operation.
Below is a list of some important events in banks history, including mergers and acquisitions.
DATEEVENT
1962-04-27Institution established. Original name: West Suburban Bank.
1971-11-22Changed Institution Name to West Suburban Bank.
1974-08-01Main Office moved to 701-711 South Westmore Avenue, Lombard, IL 60148.
1997-05-16Acquired West Suburban Bank of Darien in Darien, IL.
1997-05-16Acquired West Suburban Bank of Downers Grove/Lombard in Downers Grove, IL.
1997-05-16Acquired West Suburban Bank of Carol Stream/Stratford Square in Bloomingdale, IL.
1997-05-16Acquired West Suburban Bank of Aurora, F.s.b. in Aurora, IL.
2006-03-31Changed Institution Name to West Suburban Bank.
2021-03-29Main Office moved to 701-711 South Westmore-Meyers Road, Lombard, IL 60148.
2021-06-29Main Office moved to 701 Westmore Meyers Rd, Lombard, IL 60148.
2021-12-01Merged and became part of Old Second National Bank in Aurora, IL.
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