Suburban Trust and Savings Bank Building
| Company type | Bank |
|---|---|
| Industry | Banking and finance |
| Founded | April 4, 1912 |
| Fate | Acquired by American National Bank of Chicago in 1974; later sold to Pinnacle Banc Group Inc in 1995 |
| Headquarters | Oak Park , United States |
Area served | Oak Park, Illinois |
The Suburban Trust and Savings Bank Building, located at 840 S. Oak Park Avenue in Oak Park, Illinois, was developed in two distinct stages: the initial section opened on May 1, 1926, followed by the completion of the front portion on March 31, 1928. This structure succeeded the bank’s former premises situated across the street, which had been in use for fourteen years. Additionally, the building has served as a location for medical offices.
History
The Suburban Trust and Savings Bank commenced operations on April 4, 1912. Construction of the existing building started in June 1925 with an investment of $250,000. After relocating to the new premises in May 1926, the bank expanded by adding a front section completed in March 1928. In July 1957, a northern extension was also constructed.
In 1974, Suburban Trust and Savings Bank was acquired by American National Bank of Chicago. A year later, ownership transferred to a group led by Denis P. Daly. On January 6, 1995, Pinnacle Banc Group Inc purchased the bank for $23.4 million. Presently, the building functions as a branch of Fifth Third Bank.