Devon Bank - Banks

About Devon Bank

Devon Bank is a bank headquartered in Chicago, Illinois, with three branch offices. It opened in September 1945 as the Devon North Town State Bank on the city's North Side, founded by local merchants who wanted a community bank for their neighborhood. It is one of the banks in Illinois covered in this directory. The bank offers business and personal banking, commercial, real estate and mortgage loans, and trust and international services. Customers can also use online banking, bill pay, debit cards, and mobile banking. The bank runs an Islamic finance program and holds Certified Minority Depository Institution status. It does not use a remote call center, so callers reach a banker at one of its locations. The Loundy family has owned the bank since 1953, and its holding company is Devon Bcorp Inc. The FDIC is its primary federal regulator. Registry data lists total assets of $418.57 million and total deposits of $262.58 million. The bank also appears in the directory of US banks alongside other institutions of its type.

Key Facts

Total Assets

$418.57M

Total Deposits

$262.58M

Branch Offices

3

Established

1945

Holding Company

Devon Bcorp Inc

Primary Regulator

FDIC