PARTNERING LOCALLY

Illinois

Helping to keep Illinois homeowners in their homes with more than 46,000 mortgage modifications.*

Hard at Work in Illinois

Bank of America began serving Illinois more than 150 years ago. Merchants Savings, Loan and Trust, founded by Chicago’s first mayor, was instrumental in helping the city rebuild after the Great Fire of 1871. By guaranteeing all deposits, the bank solidified its commitment to Chicago, and in 1928, it became one of the biggest banks in the Midwest, Continental Illinois Bank. LaSalle Bank, another predecessor, demonstrated the same commitment during the Great Depression. Continental Illinois and LaSalle Bank became part of the Bank of America family in 1994 and 2007. Today, Bank of America is one of the nation’s largest financial institutions and provides services to half of all American households.

 

Download the Illinois State Fact Sheet (PDF)

Illinois

Filling a Void, the National Museum of Mexican Art Reaches Out to Bring Artworks to a Working Class Community Near Chicago

Aug 06, 2012

Until the National Museum of Mexican Art opened its doors twenty-five years ago in Pilsen, the heart of Chicago’s Mexican-American community, there were few places in the U.S. where people could go to experience the full range of Mexican art. And, in particular, there were few museums that were located right in the Latino community and were free of charge and accessible to all…  learn More about Filling a Void, the National Museum of Mexican Art Reaches Out to Bring Artworks to a Working Class Community Near Chicago

Helping a Third-Generation Precision Stamper in Chicago Retool to Meet Demand

Jul 18, 2012

Three years ago, Wiegel Tool Works was faced with a challenge many companies would like to have. After having weathered the downturn of 2009 thanks to Wiegel’s conservative focus, the company saw demand for their products pick up and had to consider whether they had the manufacturing capacity and financing they needed in place…  learn More about Helping a Third-Generation Precision Stamper in Chicago Retool to Meet Demand

Cardenas Marketing Network, with roots in Chicago, sponsors live events nationwide to reach the hispanic market

Sep 25, 2011

Many Fortune 500 companies turn to entrepreneur Henry Cardenas—founder, president and CEO of the Cardenas Marketing Network (CMN)—for his expertise in reaching the Latino consumer…  learn More about Cardenas Marketing Network, with roots in Chicago, sponsors live events nationwide to reach the hispanic market

True Value

Working with True Value to Help Local Storeowners Better Serve Their Customers

Nov 07, 2011

Our innovative loan program has helped True Value support retailers, like the Zimmermanns in Buffalo Grove, to expand their services and stay competitive…  learn More about Working with True Value to Help Local Storeowners Better Serve Their Customers

Partnering with the city of Chicago to address abandoned properties

Apr 20, 2011

Mayor Richard M. Daley and Illinois Market President Tim Maloney announced that Bank of America is working in partnership with the City of Chicago to lessen the impact of vacant properties on the city’s neighborhoods…  learn More about Partnering with the city of Chicago to address abandoned properties




*46,524 mortgage modifications in Illinois since 2008.

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WHERE WE ARE
Bank of America understands our business, it understands our story. They’re very interested in helping us stay successful.

Barbara Wagner
VP of Finance, True Value Company