SOUTH CENTRAL BANK

  • Bank Name:South Central Bank
  • Bank Class:National Bank - FED Member
  • FDIC ID:Certificate #19536 - Inactive
  • FED RSSD ID:#18135 - Inactive
Headquarters:525 West Roosevelt Road, Chicago, Illinois 60607
Bank is inactive as of January 10, 2020
South Central Bank was closed.

HISTORY OF SOUTH CENTRAL BANK

South Central Bank was established in January 1966 and headquartered in Chicago, Illinois. The bank operated as a subsidiary of First Business Bancorp Co.. South Central Bank was classified as a commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC). South Central Bank was closed on January 10, 2020 and is no longer in operation.

Below is a list of some important events in banks history, including mergers and acquisitions.

DATEEVENT

1966-01-10 -Institution established. Original name: South Central Bank.

1970-02-11 -Changed Institution Name to South Central Bank and Trust Company of Chicago.

1998-01-14 -Changed Trust Powers to None.

2003-07-01 -Institution becomes member of the Federal Reserve System.

2003-07-01 -Changed Chartering Agency to Occ.

2003-07-01 -Changed Bank Class to National Bank, member of the Federal Reserve System (FRS).

2003-07-01 -Changed Primary Federal Regulatory Agency to Occ.

2003-07-01 -Changed Institution Name to South Central Bank, National Association.

2003-07-01 -Changed Trust Powers to Full.

2020-01-10 -Closed voluntarily and liquidated its assets.

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