Bank Branches › Closed and merged banks › Illinois › First Chicago Bank & Trust
What happened to First Chicago Bank & Trust?
First Chicago Bank & Trust in Chicago, IL (earlier called Labe Federal Savings and Loan Association and 2 other names) failed, and Northbrook Bank and Trust Company of Northbrook, IL took it over on Jul 8, 2011. That bank is now called Northbrook Bank and Trust Company, National Association (Northbrook, IL).
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.
- 1905Labe Federal Savings and Loan Association opens in Chicago, IL
- Apr 28, 1994renamed Labe Federal Bank for Savings
- Feb 5, 2000renamed Labe Bank
- Dec 11, 2006renamed First Chicago Bank & Trust
- Jul 8, 2011FAILEDFirst Chicago Bank & Trust failed, and Northbrook Bank and Trust Company of Northbrook, IL took it over.FDIC certificate 27935 ends; its business continues under certificate 57082.
- TodayOPEN
Northbrook Bank and Trust Company, National AssociationMain office Northbrook, IL · FDIC certificate 57082 · 7 offices in 1 state on June 30, 2026Every Northbrook Bank and Trust Company, National Association office → Website on file with the FDIC: www.northbrookbank.com
If you still have something from First Chicago Bank & Trust
A lien that was never released
First Chicago Bank & Trust failed on Jul 8, 2011. 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 Northbrook Bank and 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, Northbrook Bank and Trust Company). Start with Northbrook Bank and Trust Company, National Association, and ask them to search under the name First Chicago Bank & Trust.
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 Northbrook Bank and 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. The office list below shows which bank each office reports under now.
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 ▾
Its offices in the FDIC deposit reports
10 offices filed under this charter in some year from 1994 on. 5 are still open as of June 30, 2026.
| Office | Now |
|---|---|
| 1145 N Arlington Heights RdItasca, IL | OpenSchaumburg Bank & Trust Company, National Association |
| 4369 N Harlem AveNorridge, IL | OpenWintrust Bank, National Association |
| 950 W Touhy AvePark Ridge, IL | OpenVillage Bank and Trust, National Association |
| 4343 N Elston AveChicago, IL | OpenWintrust Bank, National Association |
| 6336 N Milwaukee AveChicago, IL | OpenWintrust Bank, National Association |
| 150 South Bloomingdale RoadBloomingdale, IL | No longer reported |
| 1040 W Randolph StChicago, IL | No longer reported |
| 890 North State StreetElgin, IL | No longer reported |
| 104 S Main StreetPark Ridge, IL | No longer reported |
| 7040 W. Forest Preserve Dr.Norridge, IL | No longer reported |
Banks folded into First Chicago Bank & Trust
1 bank merged directly into this charter.
| Bank | Ended |
|---|---|
| Bloomingdale Bank and TrustBloomingdale, IL | Dec 1, 2006 |
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 27935 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.