Suburban Trust and Savings Bank Building
General information
Architectural styleGreek Revival[1]
Location840 S. Oak Park Avenue, Oak Park, Illinois
Coordinates41°52′22.34″N 87°47′37.61″W / 41.8728722°N 87.7937806°W / 41.8728722; -87.7937806
Completed1925-1928
OpenedMay 1, 1926
Technical details
Floor count2

The Suburban Trust and Savings Bank Building is a bank building at 840 S. Oak Park Avenue, Oak Park, Illinois. It was built in two stages, with the first portion of the building being built in 1925 and opening on May 1, 1926.[2][1][3][4] The front portion of the building was built later and opened on March 31, 1928.[3][5] It replaced Suburban Trust and Savings Bank Building's previous building which was across the street and had opened fourteen years earlier.[3] The building has also housed medical offices.[6][7][8]

History

Suburban Trust and Savings Bank first opened April 4, 1912.[9][10][11] Work began on the new Suburban Trust and Savings Bank Building in June 1925.[12] It was constructed at a cost of $250,000.[2][13] On May 1, 1926, the bank moved to its newly built building at 840 S. Oak Park Avenue, and on March 31, 1928, the newly built front portion of the building was opened.[2][1][3][5] An addition was built to the north of the building, which opened in July 1957.[14][15]

In 1974, Suburban Trust and Savings Bank was purchased by American National Bank of Chicago.[16][17] The following year, Suburban Trust and Savings Bank was sold to a group of investors headed by Denis P. Daly.[18] On January 6, 1995, the bank was sold to Pinnacle Banc Group Inc for $23.4 million.[19][20][21][22] The building currently houses a branch of Fifth Third Bank.[23]

References

  1. 1 2 3 "Open New Bank Home", The Oak Parker. April 20, 1926. pp. 1, 48.
  2. 1 2 3 "Bank Opens Tonight", Oak Leaves. May 1, 1926. pp. 106-107.
  3. 1 2 3 4 "Bank Gets New Home", Oak Leaves. April 17, 1926. p. 88.
  4. ↑ "1925 Was Prosperous", Oak Leaves. January 2, 1926. p. 66.
  5. 1 2 "Bank Gives Reception", Oak Leaves. March 31, 1928. p. 52.
  6. ↑ "One Last Hope for Saving Life of Girl Dancer", Chicago Tribune. March 29, 1935. p. 1.
  7. ↑ "Blood Donors Found to Save Life of Dancer", Chicago Tribune. March 30, 1935. p. 1.
  8. ↑ "Oak Park Unit Names Officers For New Year", Chicago Tribune. September 18, 1949. Part 3, p. 6W.
  9. ↑ "Another Bank Opens", The Bankers Magazine. Vol. 84, no. 5. May 1912. p. 737. Retrieved January 7, 2022.
  10. ↑ "New Bank Ready", Oak Leaves. March 30, 1912. p. 11.
  11. ↑ "New Bank is Busy", Oak Leaves. April 6, 1912. p. 5.
  12. ↑ "Start Bank Building", The Oak Parker. June 12, 1925. p. 17.
  13. ↑ Wren, Thomas. "$250,000,000 in Building to be Begun This Year", Chicago Tribune. August 2, 1925. p. 24.
  14. ↑ "Southern District Continues Progress", Oak Leaves. June 21, 1956. p. 12.
  15. ↑ "Suburban Bank Opens Addition", Oak Leaves. July 4, 1957. p. 12.
  16. ↑ Licata, Judy. "Chicago bank buys Suburban Trust", Oak Leaves. December 11, 1974. p. 35.
  17. ↑ "Oak Park bank sold", Chicago Tribune. December 5, 1974. Section 4, p. 9.
  18. ↑ "Am. National sells Oak Park bank to group", Chicago Tribune. April 5, 1975. Section 2, p. 7.
  19. ↑ Gruber, William. "Pinnacle to pay $23 million for Oak Park bank", Chicago Tribune. August 19, 1994. Section 3, p. 3.
  20. ↑ "The Ticker", Chicago Sun-Times. January 9, 1995. p. 39.
  21. ↑ "Pinnacle to Acquire Acorn and Suburban", The Dispatch-Argus. August 20, 1994.
  22. ↑ "Pinnacle Completes Acquisition in Oak Park", The Dispatch-Argus. January 10, 1995.
  23. ↑ Manson, Ken. "Man who robbed Oak Park bank Oct. 3 still at large", Chicago Tribune. October 8, 2014. Retrieved January 9, 2022.
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