New Century Bank
BankingIllinois, United States51-200 Employees
New Century Bank was a Chicago-based bank operating within the banking industry. It served local customers with standard banking services until its closure by the Illinois Department of Financial and Professional Regulation, Division of Banking on April 23, 2010, with the FDIC named as receiver. Following the closure, all deposit accounts were transferred to MB Financial Bank, National Association, Chicago. The Chicago locations formerly operated by New Century Bank are now part of MB Financial Bank, N.A., reflecting the transfer of deposits to the successor institution. The closure and transfer were overseen by state regulators, with the FDIC acting in its capacity as receiver.
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