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FDIC certificate 22043 · River Grove, IL

What happened to Banco Popular, Illinois?

Banco Popular, Illinois in River Grove, IL (earlier called River Grove State Bank and 2 other names) merged into Banco Popular, Illinois of Melrose Park, IL on Oct 31, 1997. After 1 more change of hands, what was Banco Popular, Illinois is today part of Popular Bank (New York, NY).

1975
opened
1997
merged away
4
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. 1975
    River Grove State Bank opens in River Grove, IL
  2. Sep 11, 1978
    renamed River Grove Bank and Trust Company
  3. Sep 8, 1990
    renamed Pioneer Bank & Trust Company
  4. Dec 1, 1996
    renamed Banco Popular, Illinois
  5. Oct 31, 1997
    MERGEDBanco Popular, Illinois merged into Banco Popular, Illinois of Melrose Park, IL.FDIC certificate 22043 ends; its business continues under certificate 1804.
  6. Jan 2, 1999
    MERGEDBanco Popular, Illinois of Melrose Park, IL merged into Banco Popular, New York of New York, NY.FDIC certificate 1804 ends; its business continues under certificate 34967.
  7. Today
    OPEN
    Popular BankMain office New York, NY · FDIC certificate 34967 · 36 offices in 3 states on June 30, 2026

    Every Popular Bank office →   Website on file with the FDIC: www.popularbank.com

If you still have something from Banco Popular, Illinois

A lien that was never released

If a paid-off mortgage, home-equity line or car loan still shows Banco Popular, Illinois as lienholder, start with Popular Bank. In a merger the surviving bank takes over the other bank's loans, so it is the bank to ask for a recordable lien release; if the loan was sold along the way, it can tell you to whom.

The FDIC says it cannot process lien releases for banks that merged or were acquired without government assistance, which is what the record shows here.

Record the release with the same county office that recorded the original mortgage or deed of trust.

An old account, passbook or CD

Ask Popular Bank to search for the account under the name Banco Popular, Illinois. A passbook or certificate shows an account existed. It doesn't show the money is still there, and the OCC notes that federal rules require banks to keep most account records for five years.

Accounts nobody touches are eventually turned over to a state. The OCC puts the usual wait at three to five years with no activity, set by each state's law. Search the unclaimed-property program of the state of the owner's last known address on the bank's records, and any other state they lived in. It is free to search and to claim through a state's own site, and MissingMoney.com, an official site of the state administrators' association, searches most states at once.

A safe deposit box

Ask Popular Bank which branch now holds boxes from the Banco Popular, Illinois office you used. The OCC says a box with no activity for three to five years (the period is set by state statute) is likely treated as dormant, and its contents may be 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

6 offices filed under this charter in some year from 1994 on. 2 are still open as of June 30, 2026.

OfficeLast filed under itNow
7181 W Irving Park RdChicago, IL1997OpenOld National Bank
3956 W North AveChicago, IL1997OpenOld National Bank
8383 West Belmont AvenueRiver Grove, IL1997No longer reported
2525 North Kedzie AvenueChicago, IL1997No longer reported
2727 West Division StreetChicago, IL1997No longer reported
1645 North Pulaski AvenueChicago, IL1997No longer reported

Banks folded into Banco Popular, Illinois

1 bank merged directly into this charter.

BankEndedHow
Pioneer Bank & Trust CompanyChicago, ILSep 8, 1990merged

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 22043 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.