State of Illinois Office of Banks and Real Estate Bureau of Banks and Trust Companies Regulatory Report
Total Page:16
File Type:pdf, Size:1020Kb
STATE OF ILLINOIS OFFICE OF BANKS AND REAL ESTATE BUREAU OF BANKS AND TRUST COMPANIES REGULATORY REPORT George H. Ryan - Governor William A. Darr - Commissioner Scott D. Clarke - Assistant Commissioner REGULATORY REPORT FOR THE MONTH OF AUGUST, 2000 The following regulatory actions were taken by or filed with the State of Illinois, Office of Banks and Real Estate, Bureau of Banks and Trust Companies, during the month ending with the date listed above. The actions include those involving state chartered banks, foreign banking offices, corporate fiduciaries, and foreign bank representative offices. The Regulatory Report is published monthly by the State of Illinois, Office of Banks and Real Estate, Bureau of Banks and Trust Companies. Copies of this report are also available from our web site at www.obre.state.il.us. Questions concerning the contents of this report may be addressed to the Corporate Activities Section at (312) 793-7073. APPLICATION FOR APPROVAL OF PURCHASE OF SUBSTANTIALLY ALL TRUST ASSETS AND ASSUMPTION OF SUBSTANTIALLY ALL TRUST LIABILITIES OF A TRUST COMPANY Name/Address of Corporate Name/Address of Person Date/ Fiduciary Selling Trust Assets Purchasing Trust Assets and Status and Liabilities Liabilities Marine Trust and Investment GreatBanc Trust Company 08/22/2000-Received Company 105 East Galena Boulevard 333 Quadrangle Drive Suite 500 Bolingbrook, IL 60440 Aurora, IL 60505 APPLICATION FOR CERTIFICATE OF AUTHORITY TO ACCEPT AND EXECUTE TRUSTS - FOREIGN CORPORATE FIDUCIARY Name of Date/ Address Institution Status Christiana Bank & Trust 3801 Kennett Pike 08/09/2000-Effective Company Greenville, Delaware 19807 APPLICATION FOR CERTIFICATE OF AUTHORITY TO ACCEPT AND EXECUTE TRUSTS - STATE CHARTERED SAVINGS BANK Name of Date/ Address Institution Status Union Savings Bank 223 W. Stephenson Street 08/28/2000-Received Freeport, IL 61032 1 APPLICATION FOR LICENSE TO OPERATE A FOREIGN BANK REPRESENTATIVE OFFICE Name of Institution/ Country / State Date/ Address / County Of Domicile Status Credito Italiano, S.p.A. Italy 08/15/2000-Received Two Prudential Plaza 180 N. Stetson Ave., Suite 1310 Chicago, IL 60601 The Honor State Bank Honor, Michigan 08/17/2000-Effective One E. Northwest Highway Palatine, IL 60067 APPLICATION TO ESTABLISH A CORPORATE FIDUCIARY BRANCH Establishing Date/ Address Corporate Fiduciary Status GreatBanc Trust Company 2913 West Kirby Avenue 08/22/2000-Received 2913 Kirby Avenue Champaign, IL 61821 Champaign, IL 61821 APPLICATION TO ESTABLISH A SUBSIDIARY OF AN ILLINOIS CORPORATE FIDUCIARY Name of Institution/ Name of Subsidiary/ Date/ Address Address Status The Chicago Trust Company Chicago Capital Management, 07/24/2000-Effective 171 North Clark Street Inc. Chicago, IL 60601 171 North Clark Street, ML09TF Chicago, IL 60601 North Star Trust Company North Star Investment Services, 08/28/2000-Received 500 West Madison Street, Inc. #3800 500 W. Monroe Street, #3800 Chicago, IL 60661 Chicago, IL 60661 APPROVAL TO MEET LESS THAN 12 BOARD MEETINGS PER YEAR Name Address/ Date/ Of Bank County Status Peoples Bank of Kankakee 315 Main Street, N.W. 08/15/2000-Approved County Bourbonnais, IL 60914 Kankakee CERTIFICATE OF AUTHORITY SURRENDERED - STATE BANK Name Address/ Date/ Of Bank County Status Harris Bank Bartlett 335 South Main Street 08/22/2000-Effective Bartlett, IL 60103 Voluntary Surrender of Certificate of Authority to accept/execute trusts. Trust department closed and all 2 existing accounts transferred to a subsidiary of Harris Trust and Savings Bank. Harris Bank Roselle 110 E. Irving Park, Box 200 08/23/2000-Effective Roselle, IL 60172 Voluntary Surrender of Certificate of Authority to accept/execute trusts. Trust department closed and all existing accounts transferred to Harris Trust and Savings Bank subsidiary in December 1995. CHANGE IN AUTHORIZED CAPITAL STOCK Name of Bank/ Date/ Change Address / County Status Wyoming Bank & Trust Co. Reverse stock split. 08/07/2000-Received 200 W. Williams Street Wyoming, IL 61491 Municipal Trust and Savings Reverse stock split – Decrease 08/16/2000-Approved Bank authorized & issued capital 475 Municipal Center Drive stock – first step of reverse Bourbonnais, IL 60914 stock split. Kankakee Exchange State Bank Reverse stock split. 08/23/2000-Approved/Effective 126 North Broad Street Lanark, IL 61046 Carroll Citizens Bank of Chatsworth Increase capital stock from 08/25/2000-Approved/Effective 502 E. Locust 9,000 shares to 27,000 shares. P.O. Box 877 Chatsworth, IL 60921-0877 Livingston GreatBank Stock Increase & Stock 08/29/2000-Approved/Effective 234 South Randall Road Incentive. Algonquin, IL 60102 McHenry CHANGE IN DIRECTORS OR SENIOR EXECUTIVE OFFICERS Name of Bank/ Date/ Change Address / County Status New Century Bank Director: 08/21/2000-Received 363 West Ontario Street Ronald B. Shipka, Sr. Chicago, IL 60610 Cook Parish Bank and Trust Director: 08/21/2000-Approved Company Kevin J. Van Drunen Momence, IL 60954 Kankakee New Century Bank Director: 08/28/2000-Approved 3 363 West Ontario Street Terry Engel Chicago, IL 60610 Cook The Leaders Bank Director: 08/29/2000-Approved 2001 York Road Lawrence L. Lubin Oak Brook, IL 60523 DuPage The Leaders Bank Directors: 08/31/2000-Approved 2001 York Road Thomas N. Kelly Oak Brook, IL 60523 Michael A. Crowe DuPage CHANGE IN LEGAL NUMBER OF DIRECTORS Name of Bank/ Date/ Change Address / County Status Community State Bank of Reduce directors from 5 to 4. 08/25/2000-Received Plymouth Plymouth, IL 62367-0269 Hancock CHANGE IN OWNERSHIP - INTERIM BANK Name of Bank/ Date/ Change Address / County Status Bank of Calhoun County Form Calhoun County Interim 08/08/2000-Withdrawn 204 Main Street Bank to merge with and into Hardin, IL 62047 Bank of Calhoun County. Calhoun Community Bank-Wheaton/Glen Form COMMBANK-WGE, an 08/18/2000-Received Ellyn interim bank. Community Bank- 357 West Roosevelt Road Wheaton/Glen Ellyn to merge Glen Ellyn, IL 60137 with and into COMMBANK- DuPage WGE with resulting name of Community Bank-Wheaton/Glen Ellyn. Bank of Gibson City Form BGC Interim Bank. Bank 08/23/2000-Effective Junction of U.S. Route 54 and of Gibson City to merge with Illinois Routes 47 and 9 and into BGC Interim Bank with Gibson City, IL 60936 resulting name Bank of Gibson Ford City, resulting main banking premises to be located at 804 Sangamon Avenue, Gibson City, IL 60936, Ford County CHANGE OF CONTROL Name of Bank/ Date/ Change Address / County Status American Metro Bank Yman Huang Vien to acquire 08/01/2000-Approved 4878 North Broadway directly 19.64% of the common Chicago, IL 60640 stock of American Metro Bank. Cook South Side Trust & Savings Theresa Marie Ward to acquire 08/25/2000-Approved 4 Bank of Peoria control of South Side Trust & 2119 S. W. Adams Street Savings Bank of Peoria. Peoria, IL 61602 Peoria CHANGE OF NAME - FOREIGN BANKING OFFICE Current Name/ Resulting Date/ Address Name Status The Sumitomo Bank, Limited The Sumitomo Mitsui Banking 08/22/2000-Received 233 South Wacker Drive, Suite Corporation 4010 Chicago, IL 60606 CHANGE OF NAME - STATE BANK Current Name/ Resulting Date/ Address / County Name Status Bank of Maroa Maroa Forsyth Community Bank 08/01/2000-Approved 101 East Main Street 09/01/2000-Effective Maroa, IL 61756 Macon CHARTER ISSUED Name Address/ Date Of Bank County Winfield Community Bank 27W11 Geneva Road 08/17/2000 Winfield, IL 60190 DuPage CONVERSION - RESULTING STATE BANK Current Bank Name/ Address/ Date/ Resulting Bank Name County Status Current: The Casey National 305-307 North Central Avenue 08/02/2000-Effective Bank Casey, IL 62420 Clark Resulting: Casey State Bank MERGER - RESULTING STATE BANK Merging Bank/ Resulting Bank/ Date/ Address / County Address / County Status Cisne State Bank TrustBank 08/17/2000-Effective P.O. Box 279 600 East Main Street Cisne, IL 62823 Olney, IL 62450 Wayne Richland NOTICE OF INTENT TO ESTABLISH A BANK BRANCH Name of Bank/ Address/ Date/ City County Status 5 Banterra Bank 401 E. DeYoung 08/01/2000-Acknowledged (Marion) Marion, IL 62959 Williamson Prairie Bank and Trust Route 59 and Andrew Road 08/09/2000-Received Company Plainfield, IL 60544 (Bridgeview) Will West Suburban Bank Northeast corner of Randall Rd. 08/09/2000-Received (Lombard) & MacDonald Rd. South Elgin, IL 60177 Kane Hinsbrook Bank and Trust 2401 Kaneville Road, Suite 7 08/10/2000-Acknowledged (Willowbrook) Geneva, IL 60134 Kane State Bank of Countryside 7380 Route 83 08/10/2000-Acknowledged (Countryside) Darien, IL 60561 DuPage West Suburban Bank 5330 South Main Street 08/16/2000-Acknowledged (Lombard) Downers Grove, IL 60515 DuPage International Bank of Chicago 1601 W. Mannheim Road 08/22/2000-Acknowledged (Chicago) Stone Park, IL 60656 Branch to be known as: International Bank of Stone Park, a branch of International Bank of Chicago Midwest Bank of Western Illinois 1120 North 6th Street 08/28/2000-Received (Monmouth) Monmouth, IL 61462 Warren Continental Community Bank 2500 West Indian Trail Road 08/29/2000-Acknowledged and Trust Company Aurora, IL 60506 (Maywood) Kane Kane County Bank 749 N. Main Street 08/30/2000-Acknowledged (Elburn) Elburn, IL 60119 Kane Messenger Service within 60 miles of main banking premises at 749 N. Main Street, Elburn, Illinois. NOTICE OF INTENT TO ESTABLISH A BANK SUBSIDIARY Name of Bank/ Name of Subsidiary/ Date/ Address / County Address / County Status Citizens State Bank of Shipman South Central Illinois Mortgage, 08/03/2000-Acknowleged 111 Keating LLC Shipman, IL 62685 414 N. Main Street Macoupin Chatham, IL 62626 Palmer Bank South Central Illinois Mortgage, 08/03/2000-Acknowleged 620 North Webster LLC Taylorville, IL 62568 414 N. Main Street Christian Chatham, IL 62626 The Edgar County Bank and Dimond Bros. Insurance 08/18/2000-Acknowledged Trust Co. Agency, Inc. 6 177 W. Wood Street 177 W. Wood Street Paris, IL 61944 Paris, IL 61944 Edgar Edgar Banterra Bank Marion West, Inc. 08/23/2000-Acknowledged 201 West Main U.S.