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American Chartered Bancorp

Founded Year



Acquired | Acquired

Total Raised




About American Chartered Bancorp

American Chartered is a full-service commercial and retail bank, serving customers throughout the Chicago area.

Headquarters Location

20 N Martingale Road

Schaumburg, Illinois, 60173,

United States


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American Chartered Bancorp Patents

American Chartered Bancorp has filed 1 patent.

patents chart

Application Date

Grant Date


Related Topics




Financial markets, Interest rates, Mathematical finance, Stock market, Securities (finance)


Application Date


Grant Date



Related Topics

Financial markets, Interest rates, Mathematical finance, Stock market, Securities (finance)



Latest American Chartered Bancorp News

MB Financial, American Chartered to Merge

Nov 23, 2015

"Following" : "Follow"}} November 22, 2015 6:06pm   Comments Share: MB Financial, Inc. ("MB Financial") (Nasdaq: MBFI ) and American Chartered Bancorp, Inc. ("American Chartered") announced the signing of a definitive merger agreement whereby MB Financial will acquire American Chartered and its wholly owned bank subsidiary, American Chartered Bank, in a stock and cash transaction valued at approximately $449 million, or $9.30 per share. Founded in 1987, American Chartered is a privately-held commercial bank focused on serving Chicago's middle-market and emerging middle-market business community. American Chartered operates 15 banking offices and has approximately $2.8 billion in total assets, $2.2 billion in deposits, of which half are non-interest-bearing, and $2.0 billion in loans. The acquisition will add significant scale to MB Financial's commercial banking business while also expanding MB Financial's core deposit franchise. "The acquisition of American Chartered is consistent with our mission of building Chicagoland's premier commercial bank. American Chartered brings a strong middle-market commercial banking lending team and client base, an unparalleled core deposit franchise and a proven track record of profitable organic growth. We look forward to welcoming American Chartered customers and employees to MB Financial," stated Mitchell Feiger, President and Chief Executive Officer of MB Financial. 

American Chartered Bancorp Frequently Asked Questions (FAQ)

  • When was American Chartered Bancorp founded?

    American Chartered Bancorp was founded in 1987.

  • Where is American Chartered Bancorp's headquarters?

    American Chartered Bancorp's headquarters is located at 20 N Martingale Road, Schaumburg.

  • What is American Chartered Bancorp's latest funding round?

    American Chartered Bancorp's latest funding round is Acquired.

  • How much did American Chartered Bancorp raise?

    American Chartered Bancorp raised a total of $101.95M.

  • Who are the investors of American Chartered Bancorp?

    Investors of American Chartered Bancorp include MB Financial.

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