Bank Branches › Closed and merged banks › Illinois › Mutual Bank
What happened to Mutual Bank?
Mutual Bank in Harvey, IL (earlier called First State Bank of Harvey and 1 other name) failed, and United Central Bank of Garland, TX took it over on Jul 31, 2009. After 1 more change of hands, what was Mutual Bank is today part of Hanmi Bank (Los Angeles, CA).
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.
- 1962First State Bank of Harvey opens in Harvey, IL
- May 14, 1980renamed Mutual Trust & Savings Bank
- Jan 1, 1994renamed Mutual Bank
- Jul 31, 2009FAILEDMutual Bank failed, and United Central Bank of Garland, TX took it over.FDIC certificate 18659 ends; its business continues under certificate 25330.
- Sep 1, 2014MERGEDUnited Central Bank of Garland, TX merged into Hanmi Bank of Los Angeles, CA.FDIC certificate 25330 ends; its business continues under certificate 24170.
- TodayOPEN
Hanmi BankMain office Los Angeles, CA · FDIC certificate 24170 · 33 offices in 7 states on June 30, 2026Every Hanmi Bank office → Website on file with the FDIC: www.hanmi.com
If you still have something from Mutual Bank
A lien that was never released
Mutual Bank failed on Jul 31, 2009. 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 Hanmi Bank, 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, United Central Bank). Start with Hanmi Bank, and ask them to search under the name Mutual Bank.
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 Hanmi Bank. 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
12 offices filed under this charter in some year from 1994 on. 2 are still open as of June 30, 2026.
| Office | Now |
|---|---|
| 6335 N Western AveChicago, IL | OpenHanmi Bank |
| 664 Raymond DrNaperville, IL | OpenHanmi Bank |
| 221 Port Richmond AvenueStaten Island, NY | No longer reported |
| 1275 North County Farm RoadCarol Stream, IL | No longer reported |
| 1303 Ogden AvenueDowners Grove, IL | No longer reported |
| 1112 South Washington StreetNaperville, IL | No longer reported |
| 801 East Nerge RoadRoselle, IL | No longer reported |
| 3999 W 75th StreetAurora, IL | No longer reported |
| 298 West North AvenueVilla Park, IL | No longer reported |
| 1031 Us Highway 1 SEdison, NJ | No longer reported |
| 16540 South Halsted StreetHarvey, IL | No longer reported |
| 5711 Hilcroft Suite A1Houston, TX | No longer reported |
Banks folded into Mutual Bank
1 bank merged directly into this charter.
| Bank | Ended |
|---|---|
| Security Bank of DuPageNaperville, IL | Feb 7, 2004 |
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 18659 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.