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

From Injury to Inspiration

Sep 19, 2013

John Nichols’ first steps toward becoming a marathon runner almost never happened but his perseverance and fundraising are an inspiration for all…  learn More about From Injury to Inspiration

ozinga

Ozinga Has Been a Part of Chicago's Growth and Iconic Skyline for Generations

Dec 06, 2012

When Ozinga needed a loan to grow their business and create jobs, we were there to build on a long-standing partnership…  learn More about Ozinga Has Been a Part of Chicago's Growth and Iconic Skyline for Generations

Chicago’s Fleet Feet Sports Expands its Business With Financing and Small Business Expertise

Jul 20, 2012

Sixteen years ago, entrepreneur David Zimmer opened Fleet Feet Sports Chicago,retail stores for the city’s runners, walkers and fitness enthusiasts of all abilities. Building on the success of the stores, Zimmer needed to find the right financial partner to help him develop a long-term financing plan—and be a sounding board for potential opportunities…  learn More about Chicago’s Fleet Feet Sports Expands its Business With Financing and Small Business Expertise

The Resurrection Project Is Working to Revitalize the Pilsen Community with Affordable Housing

Sep 26, 2012

The Pilsen community in Chicago has been a port of entry for new immigrants for over 130 years, first for Eastern Europeans and more recently, for working-class Hispanics. But through the waves of immigration there has been one constant: the ongoing need for rental housing for the community’s low-income residents…  learn More about The Resurrection Project Is Working to Revitalize the Pilsen Community with Affordable Housing




*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