Did the West Suburban Bank sell?

Did the West Suburban Bank sell?

Also effective December 1, 2021, West Suburban’s subsidiary bank, West Suburban Bank, merged into Old Second’s subsidiary bank, Old Second National Bank.

Who bought West Suburban Bank?

National Bank. Under the terms of the merger agreement, West Suburban shareholders will receive 42.413 shares of Old Second common stock and $271.15 in cash for each share of West Suburban common stock.

Does Old Second National Bank use Zelle?

Yes. Access Zelle directly within the O2 Digital Banking app in online banking or the O2 mobile banking app.

Did Old Second Bank buy West Suburban Bank?

Old Second’s headquarters in Aurora. Old Second is shuttering 13 bank branches in the western suburbs following its recent acquisition of West Suburban Bank. Many of the locations are overlapping.

What happened to West Suburban Bank?

Who owns Old bank?

Old National BancorpOld National Bank / Parent organization

Can you use Zelle if your bank isn’t listed?

If your bank or credit union offers Zelle® – You can send money to almost anyone you know and trust with a bank account in the U.S. If your bank or credit union does NOT offer Zelle®- The person you want to send money to, or receive money from, must have access to Zelle® through their bank or credit union.

How much did West Suburban Bank sell for?

$297 million
— Old Second Bancorp Inc. (Nasdaq: OSBC) and West Suburban Bancorp Inc. have signed a definitive merger agreement under which Aurora-based Old Second will acquire Lombard-based West Suburban in a cash and stock transaction valued at $297 million.

What is Anchor Bank Meaning?

In a merger, there is an anchor bank and an amalgamating bank or banks, where the latter gets merged with the former. For instance, in the consolidation that happened in April of 2019, Vijaya Bank and Dena Bank (amalgamating banks) were merged into Bank of Baroda (the anchor bank).

Can I use cash app without a bank account?

Yes, users can enjoy Cash App without a linked bank account, which is good news for those that do not have a bank account or would rather not link it to a third-party app. Because of this facility, users can send and receive money to and from your customers using the app alone.

Did Old Second bank buy West Suburban Bank?

Who bought First Midwest Bank?

EVANSVILLE, Ind. (WFIE) – Old National Bank’s merger with First Midwest Bank is now official. Effective immediately, First Midwest Bank is a division of Old National Bank. Customers will soon have access to more than 250 banking centers across seven states, including Indiana, Illinois and Kentucky.

  • September 2, 2022