Bank Branches › Closed and merged banks › Illinois › Loves Park FSB
What happened to Loves Park FSB?
Loves Park FSB in Loves Park, IL (earlier called Loves Park Savings and Loan Association) was merged into Home Federal Savings and Loan Association of Rockford of Rockford, IL with federal assistance on Sep 30, 1988. After 2 more changes of hands, what was Loves Park FSB is today part of U.S. Bank National Association (Cincinnati, OH).
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.
- 1961Loves Park Savings and Loan Association opens in Loves Park, IL
- Sep 30, 1987renamed Loves Park FSB
- Sep 30, 1988ASSISTED MERGERLoves Park FSB was merged into Home Federal Savings and Loan Association of Rockford of Rockford, IL with federal assistance.FDIC certificate 31299 ends; its business continues under certificate 31119.
- Jul 17, 1998MERGEDHome Federal Savings and Loan Association of Rockford (by then renamed Homebanc, A Federal Savings Bank) of Rockford, IL merged into Mercantile Bank of Illinois of Springfield, IL.FDIC certificate 31119 ends; its business continues under certificate 10025.
- Apr 14, 2000MERGEDMercantile Bank of Illinois of Springfield, IL merged into Firstar Bank, National Association of Cincinnati, OH.FDIC certificate 10025 ends; its business continues under certificate 6548.
- TodayOPEN
U.S. Bank National AssociationMain office Cincinnati, OH · FDIC certificate 6548 · 2,097 offices in 29 states on June 30, 2026Every U.S. Bank National Association office → Website on file with the FDIC: www.usbank.com
If you still have something from Loves Park FSB
A lien that was never released
If a paid-off mortgage, home-equity line or car loan still shows Loves Park FSB as lienholder, start with U.S. Bank National Association. 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.
Loves Park FSB was merged with federal assistance on Sep 30, 1988. The FDIC's limit on lien releases is for mergers without government assistance, so FDIC Resolution Inquiries (888-206-4662, 8am–4pm Central, weekdays) can tell you whether it holds anything for this bank.
Record the release with the same county office that recorded the original mortgage or deed of trust.
An old account, passbook or CD
Ask U.S. Bank National Association to search for the account under the name Loves Park FSB. 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 U.S. Bank National Association which branch now holds boxes from the Loves Park FSB 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.
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 ▾
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 31299 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.