Standard Bancshares - Ownership and Business Overview

Financial ServicesCompany

Standard Bancshares Ownership

Who owns Standard Bancshares?

Standard Bancshares is owned by First Midwest Bancorp. It was acquired on June 28, 2016.

Was Standard Bancshares formerly PE-backed?

Yes. Standard Bancshares was formerly owned by 2 private investors.

Standard Bancshares Business Overview

Where is Standard Bancshares headquartered?

Standard Bancshares is headquartered in Hickory Hills, Illinois.

What sector is Standard Bancshares in?

Standard Bancshares is a financial services company.

When was Standard Bancshares founded?

Standard Bancshares was founded in 1947.

Financial Services M&A Summary in 2016

Out of 60 sectors in the Mergr database, financial services ranked 12 in number of deals in 2016. The largest financial services acquisition in 2016 was Scottrade Financial Services - which was acquired by TD Ameritrade Holding for $4.0B.

Join Mergr to view all 217 acquisitions of financial services companies in 2016, including 27 acquisitions by private equity firms, and 190 by strategics.

Standard Bancshares, Inc.

7800 West 95th Street,
Hickory Hills, Illinois 60457
United States,
(708) 598-7400
www.standardbanks.com

Standard Bancshares is the holding company for Standard Bank & Trust, a commercial bank with 42 branches serving communities throughout the Chicago area and northwest Indiana. Standard has total assets of approximately $2.5 billion with $2.2 billion in deposits, of which over 90% are core deposits, and $1.8 billion in loans, of which 80% are commercial-related.


Company Summary

SECTOR

Financial Services

Established

1947

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