FIRST AMERICAN BANK HISTORY
- Bank Name:First American Bank
- Bank Class:Federal Reserve Non-member Bank
- Member FDIC:Certificate #3657
- Locations:59 Branches in 3 states
First American Bank was founded on March 26, 1901 and has been serving the financial needs of their customers for over 123 years.
First American Bank currently operates with 59 branches located in 3 states as a subsidiary of First American Bank Corporation. Check below for important events in banks history.
IMPORTANT EVENTS IN BANKS HISTORY
Below is a list of some important events in the history of First American Bank, including mergers and acquisitions.
DATEEVENT
03-26-1901Institution established. Original name: The First National Bank of Dundee.
06-01-1970Changed Institution Name to The First National Bank of Dundee.
09-16-1974Institution withdraws from membership in the Federal Reserve System.
09-16-1974Changed Chartering Agency to State.
09-16-1974Changed Institution Name to The First Bank of Dundee.
10-31-1977Main Office moved to 218 West Main Street, Dundee, IL 60118.
05-30-1984Changed Institution Name to First American Bank of Dundee.
10-01-1986Changed Institution Name to First American Bank of Kane County.
10-01-1986Acquired First American Bank of Hampshire (9271) in Hampshire, IL.
11-07-1988Main Office moved to 261 South Western Avenue, Carpentersville, IL 60110.
07-31-1989Main Office moved to 261 North Western Avenue, Carpentersville, IL 60110.
01-22-1990Main Office moved to 261 South Western Avenue, Carpentersville, IL 60110.
05-14-1990Changed Institution Name to First American Bank.
08-02-1991Acquired First American Bank (10864) in Chicago, IL.
08-02-1991Acquired First American Bank (5756) in Buffalo Grove, IL.
08-02-1991Acquired First American Bank (17785) in Chicago, IL.
08-02-1991Acquired First American Bank (22388) in Hanover Park, IL.
07-06-1995Institution becomes member of the Federal Reserve System.
07-06-1995Changed Primary Federal Regulatory Agency to Fed.
09-13-1999Acquired First American Bank (18278) in Joliet, IL.
09-13-1999Acquired First American Bank of Kankakee (18579) in Kankakee, IL.
11-24-2003Institution withdraws from membership in the Federal Reserve System.
11-24-2003Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).
11-24-2003Changed Primary Federal Regulatory Agency to Fdic.
02-01-2009Main Office moved to 700 Busse Road, Elk Grove Village, IL 60007.
01-15-2010Acquired Town Community Bank and Trust (34705) in Antioch, IL as part of a government assisted merger.
01-15-2010Changed Institution Name to First American Bank.
12-05-2014Acquired Bank of Coral Gables (58131) in Coral Gables, FL.
02-17-2018Acquired Southport Bank (34289) in Kenosha, WI.
10-23-2019Acquired Continental National Bank (21578) in Miami, FL.
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