South Side Bank

South Side Bank Overview

South Side Bank, founded in May 1, 1972, is currently an active FDIC insured bank. The chartering agency for South Side Bank is currently with the State. This FDIC insured bank is not being operated by government conservatorship. South Side Bank has an FDIC insurance membership with the BIF - Bank Insurance Fund and is regulated by the Federal Reserve Board (FRB).

South Side Bank is assigned uner the Chicago Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on May 01, 1972.

Address Location and Maps for South Side Bank

Bank Name South Side Bank
Address 4659 Cottage Grove Avenue
Chicago, IL 60653
County: Cook
Bank’s State: Illinois
Website: Unknown

 

South Side Bank Detailed Information

FDIC Certificate ID 20688
Bank Institution Name South Side Bank
Is the Bank Active? Active
Office of Thrift Supervision Docket ID Not an OTS Member
Total Assets $27,505,000
Total Deposits $25,983,000
Regulator Federal Reserve Board (FRB)
Bank Charter Class SM - Commercial Bank. Bank is supervised by the Federal Reserve Board (FRB). State Charter and Fed 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 May 01, 1972
Change Code 211
Change Code Description Absorption - FDIC Insured Bank Assisted
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

South Side Bank is insured by the Federal Deposit Insurance Corporation (FDIC)

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