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Renamed ShoreBank in 2000, it was the nation's first community development bank. During its 37 years of operation, ShoreBank played a critical role in stabilizing and rebuilding many of Chicago's low-income neighborhoods and eventually expanded globally, setting the standard for the development finance industry.
First Chicago Bank was a Chicago, United States-based retail and commercial bank tracing its roots to 1863, when it received one of the first charters under the then new National Bank Act. Over the years, the bank operated under several names including The First National Bank of Chicago and First Chicago NBD (following its 1995 merger with the ...
Uptown is one of Chicago's 77 community areas.Uptown's boundaries are Foster Avenue to the north; Lake Michigan to the east; Montrose Avenue (Ravenswood Avenue to Clark Street), and Irving Park Road (Clark Street to Lake Michigan) to the south; Ravenswood Avenue (Foster Avenue to Montrose Avenue), and Clark Street (Montrose Avenue to Irving Park Road) to the west. [2]
In August 1994, Firstar announced the pending acquisition of the Chicago-based First Colonial Bankshares Corporation for $314 million in stock. [25] At the time of the announcement, First Colonial was the parent of 17 community banks with a total of 30 locations. The acquisition was completed in February 1995. [26]
The South Shore Bungalow Historic District is a residential historic district in the South Shore neighborhood of Chicago, Illinois. The district contains 229 Chicago bungalows and twenty other residential buildings built between 1911 and 1930. As homes became more accessible to families in early 20th century Chicago, thousands of bungalows were ...
This resulted in stable fourth quarter numbers and the bank's first ever profit. [6] In September 2018, Providence Bank & Trust of South Holland, Illinois, a bank with 12 branches in the Chicago area, announced that it would purchase Urban Partnership. [7] The acquisition was completed on Jan 30, 2019. [8] [9]
Ravenswood is a neighborhood located on the North Side of the city of Chicago, Illinois.Lacking designation as one of Chicago's 77 well-defined community areas, it is mostly situated in the Lincoln Square community area, with the portion east of Ravenswood Avenue and the Chicago & Northwestern/Union Pacific North Line railroad tracks being situated in the Uptown community area.
The South Shore Bungalow Historic District is a residential historic district in the South Shore neighborhood of Chicago, Illinois. The district contains 229 Chicago bungalows and twenty other residential buildings built between 1911 and 1930. The district was added to the National Register of Historic Places on December 10, 2008. [11]