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c. 1905. State Bank of Chicago was an American banking firm which conducted business under a state of Illinois charter issued on February 10, 1891. State Bank of Chicago operated from offices in the Chamber of Commerce Building located at the southeast corner of La Salle and Washington streets in Chicago, Illinois. [1]
John Richard Lindgren was born in Chicago, Illinois, the only son of Charles Magnus Lindgren, a Swedish-born ship captain and vessel-owner of Chicago. With Helge Alexander Haugan, Lindgren established the banking firm of Haugan & Lindgren in 1879. [1] During 1889, Lindgren was the principal founder of the Bank of Galesburg in Galesburg, Illinois.
The Laramie State Bank of Chicago closed on August 16, 1930. [1] [8] On August 31, 1936, the Federal Housing Administration opened offices in the building. [9] In 1946, the Citizens National Bank began operating in the building. [1] In 1991, the Citizens National Bank was declared insolvent and was seized by federal regulators. [10]
Jesse Binga (April 10, 1865 – June 13, 1950) was a prominent American businessman who founded the first privately owned African-American bank in Chicago. [1] Binga recalled coming to Chicago in the 1890s with $10 in his pocket. By the 1920s he was a bank president and major real estate owner.
In the United States, a state bank is a bank in a U.S. state that is chartered by the government of that state, as opposed to a national bank which is chartered at the federal level. [ 1 ] [ 2 ] Overview
This bank specialized in serving the growing population of Scandinavian-Americans in the Chicago area. In 1891, the bank was incorporated as the State Bank of Chicago. His elder brother, H. G. Haugan, was a major investor in both banking firms. Helge Haugan died from heart failure at his home in Chicago on May 17, 1909. [1]
A Chicago-area police officer died after being shot while responding to a "call involving an armed offender" seen leaving a bank, officials say. The killing of Oak Park Police Detective Allan ...
Gerald F. Fitzgerald started the network of banks that became Suburban Bancorp in 1961 when he acquired two institutions in the Chicago suburbs, Lake Villa Trust and Savings Bank and the Palatine National Bank. He founded five Chicago area banks de novo and purchased many others, ultimately assembling 13 banks with 30 locations in Cook, Lake ...