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)


Paulina Meat Market: A New-Age Business with Old-World Charm

Oct 16, 2010

Paulina Meat Market has been supplying fresh cuts to meat lovers in Chicago since 1949. Its old-world recipes and traditions attract a loyal, multigenerational customer base. In 2007, long-time manager and butcher Bill Begale seized the opportunity to buy the market from its original owners…  learn More about Paulina Meat Market: A New-Age Business with Old-World Charm

*46,524 mortgage modifications in Illinois since 2008.

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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