About Us

Our History
In 1964, Parkway Bank & Trust Co. opened its doors to the northwest Chicagoland community offering full-service financial products and truly personal, customer-oriented service.

By 1970 our communities were prospering with beautiful homes, excellent schools and flourishing local businesses. Parkway's financial strength became more apparent with the birth of its second bank, First State Bank of Chicago. To serve the growing northwest suburban communities, Parkway Bank of Schaumburg opened in 1989, followed by Parkway Bank of Illinois (Carpentersville) in 1992. One year later, Parkway Bank of Schaumburg began operation of its Elk Grove facility and the pattern of growth expanded west with a network of banking facilities throughout the northwest Chicagoland area.

In August 1997, Parkway Bank & Trust Co. acquired Jefferson State Bank. This merger brought Parkway's assets to over $900 million. During the years 1999-2000 Parkway opened facilities in Streamwood, Deerfield, Arlington Heights, and Wood Dale. In 2003 Parkway Bank opened two more branches in Glen Ellyn and Park Ridge.

 

Currently Parkway Bank & Trust Co. has 22 locations and over $2 billion in assets. We plan to continue the growth momentum by building more branches in 2008. An office on the southside in Orland Park and downtown Chicago at Morgan & Washington are next on the agenda for Parkway.

For over 43 years, Parkway Bank & Trust Co. has committed to the philosophy of supporting the communities it serves—reflected in our slogan, "What a Community Bank Should Be."

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