Company Information

Get to know Elmhurst Bank

Elmhurst Bank operated as a division of West Suburban Bank, a community-focused financial institution serving the Chicago suburbs. It was dedicated to providing a full range of personal and business banking services, including checking, savings, loans, and mortgages, with an emphasis on local customer relationships. In late 2021, its parent company, West Suburban Bancorp, Inc., completed a merger with Old Second Bancorp, Inc. Consequently, all Elmhurst Bank locations were fully converted and rebranded to Old Second National Bank during 2022, and now continue to serve the community under the Old Second brand.

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Elmhurst Bank

United States

Founded in

1991 (35 Years)

Founded

Last online: No recent activity

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.