Bank BranchesEvery insured bank office · FDIC · 1994–2026

Bank Branches › Closed and merged banks › Illinois › Charter Bank and Trust of Illinois

FDIC certificate 20159 · Hanover Park, IL

What happened to Charter Bank and Trust of Illinois?

Charter Bank and Trust of Illinois in Hanover Park, IL (earlier called First State Bank & Trust Company of Hanover Park) merged into First National Bank of Hoffman Estates of Hoffman Estates, IL on Sep 4, 1993. After 1 more change of hands, what was Charter Bank and Trust of Illinois is today part of Barrington Bank & Trust Company, National Association (Barrington, IL).

1970
opened
1993
merged away
2
names it used
2
steps to today's bank

The chain, step by step

From the day it opened to the bank at the end of the chain today. Each step is one entry in the FDIC's record.

  1. 1970
    First State Bank & Trust Company of Hanover Park opens in Hanover Park, IL
  2. Jul 22, 1987
    renamed Charter Bank and Trust of Illinois
  3. Sep 4, 1993
    MERGEDCharter Bank and Trust of Illinois merged into First National Bank of Hoffman Estates of Hoffman Estates, IL.FDIC certificate 20159 ends; its business continues under certificate 23187.
  4. Feb 10, 2012
    FAILEDFirst National Bank of Hoffman Estates (by then renamed Charter National Bank and Trust) of Hoffman Estates, IL failed, and Barrington Bank & Trust Company, National Association of Barrington, IL took it over.FDIC certificate 23187 ends; its business continues under certificate 34395.
  5. Today
    OPEN
    Barrington Bank & Trust Company, National AssociationMain office Barrington, IL · FDIC certificate 34395 · 9 offices in 1 state on June 30, 2026

    Every Barrington Bank & Trust Company, National Association office →   Website on file with the FDIC: www.barringtonbank.com

If you still have something from Charter Bank and Trust of Illinois

A lien that was never released

Charter National Bank and Trust failed on Feb 10, 2012. For a failed bank placed in FDIC receivership, the FDIC may be able to issue the lien release, if the loan was paid off to the bank before it failed or to the FDIC afterward. The FDIC says that where a failed bank had an acquirer, its records in most cases went to that acquirer. Here the chain from the acquirer leads to Barrington Bank & Trust Company, National Association, which is worth asking too.

Requests go through the FDIC Information and Support Center with the recorded mortgage or title, and proof of payoff. The FDIC says to allow 30 business days once it has every document, and does not take requests by phone or email. Questions: FDIC Resolution Inquiries, 888-206-4662, 8am–4pm Central on weekdays.

An old account, passbook or CD

When a healthy bank assumes a failed bank's deposits, insured depositors become its customers right away (here, Barrington Bank & Trust Company, National Association). Start with Barrington Bank & Trust Company, National Association, and ask them to search under the name Charter Bank and Trust of Illinois.

For failures since mid-1993 the law sets a clock: insured deposits not claimed within 18 months of the FDIC starting to pay depositors are offered to the state of the depositor's last known address on the bank's records. If the state takes them, the owner has 10 years to claim there before the money returns to the FDIC. Check FDIC unclaimed funds search and that state's unclaimed-property program.

A safe deposit box

The FDIC says that when a healthy bank assumes a failed bank's deposits, the branches usually reopen the next business day with box access. Today, ask Barrington Bank & Trust Company, National Association. A box abandoned for years may have been turned over to the state's unclaimed-property program.

Box contents are not covered by FDIC insurance.

Not sure this is your bank?

Many banks shared a name. Match the city and the years above against your paperwork, or search again with the town.

Credit unions were never FDIC-insured and are not in this record; the NCUA credit union lookup covers those. Banks that closed before about 1970 are not in the FDIC's list either.

One caution: banks also sell single branches. If the office you used was sold to a different bank along the way, the account went with the branch, not with this chain.

This page is drawn from FDIC records and federal guidance. It is not legal advice, and BankBranches is not a bank or a government office. More detail: lien releases · old passbooks and CDs · safe deposit boxes · unclaimed money.

Where the guidance comes from ▾

Source: FDIC BankFind institution and history records, read Nov 15, 2026. The FDIC's list covers banks that ended in about 1970 or later. Look up certificate 20159 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.