Independence Bank of Chicago Overview
Independence Bank of Chicago, founded in December 14, 1964, is currently an active FDIC insured bank. The chartering agency for Independence Bank of Chicago is currently with the State. This FDIC insured bank is not being operated by government conservatorship. Independence Bank of Chicago has an FDIC insurance membership with the BIF - Bank Insurance Fund and is regulated by the Federal Deposit Insurance Corporation (FDIC).
Independence Bank of Chicago is assigned uner the Chicago Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on December 14, 1964.
Address Location and Maps for Independence Bank of Chicago
| Bank Name | Independence Bank of Chicago | |
| Address | 7936 South Cottage Grove Avenue Chicago, IL 60619 |
|
| County: | Cook | |
| Bank’s State: | Illinois | |
| Website: | Unknown |
Independence Bank of Chicago Detailed Information
| FDIC Certificate ID | 19308 |
| Bank Institution Name | Independence Bank of Chicago |
| Is the Bank Active? | Active |
| Office of Thrift Supervision Docket ID | Not an OTS Member |
| Total Assets | $145,671,000 |
| Total Deposits | $123,330,000 |
| Regulator | Federal Deposit Insurance Corporation (FDIC) |
| Bank Charter Class | NM - Commercial Bank. Bank is supervised by the Federal Deposit Insurance Corporation (FDIC). State charter and Fed non-member |
| FDIC Bank’s Chartering Agency | State |
| Bank is FDIC Insured | Yes, FDIC insured bank is a member of the Bank Insurance Fund |
| Bank Insurance Fund | BIF - Bank Insurance Fund |
| Date of Deposit Insurance | December 14, 1964 |
| Change Code | 223 |
| Change Code Description | Merger - FDIC Insured Bank Without Assistance |
| OCC Bank Charter Number | No FDIC Bank Charter Number |
| Conservatorship | FDIC insured bank is not being operated by government conservatorship. |
| Inactive Bank that used to be FDIC insured? | Yes |
| Credit Card Institution | No, bank is not a credit card institution. Credit card loans do not exceed 50% of the FDIC Bank institution’s total assets, including loans that have been securitized and sold. |
| Insured Commercial Banks | Yes |
| FDIC Supervisory Region | Chicago |
| Insured Savings Institution | No, Bank is not Savings Association Insurance Fund (SAIF) insured |
| State Charter | Yes |
| County | Cook |
| Office of Thrift Supervision Region | Central |
| Assigned Federal Reserve District | Chicago |
| Oakar Institutions | No |
| FDIC Field Office | 0 |
| Insured offices of foreign banks | 0 |
Independence Bank of Chicago is insured by the Federal Deposit Insurance Corporation (FDIC)