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About Parkway BankParkway Bank and Trust Co. is a locally owned and operated financial institution offering a wide array of financial products and services. Committed to growth and consistently offering the best in customer service, Parkway Bank and Trust Co. continues to be a community leader in banking.
Visit the Community Service page to read more about the Bank’s commitment to its neighborhoods and educating our youth. Periodically, Parkway Bank and Trust Co. holds educational and fun events. |
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What's NewWe're always making changes for the better at Parkway Bank! Check back here frequently for new information.
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Our HistoryIn 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.
Currently Parkway Bank & Trust Co. has 33 locations in Illinois and Arizona and nearly $2.5 billion in assets. Our corporate headquarters are located in Harwood Heights. Since 1964, Parkway Bank & Trust Co. has committed to the philosophy of supporting the communities we service, as reflected in our slogan, "What a Community Bank Should Be." |
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Statement of Condition
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The Bank first opened its doors in 1964, offering
Chicago's northwest side a friendly, customer-oriented community bank. Since its inception, Parkway Bank and Trust Co. has continued to
maintain a strong presence in its communities through donations, volunteer work and education.
In August 1997, Parkway Bank & Trust Co. acquired Jefferson State Bank. This merger brought Parkway's assets to over $900 million. In the ensuing years, we continued to grow in the Chicagoland area. In 2004, Parkway Bank purchased United Arizona Bank in Cave Creek, which expanded our horizons to the Phoenix, AZ area. Our Arizona development has included the addition of seven more Valley area branches, with the latest opening on Union Hills Drive in Phoenix in February, 2009. Our newest Illinois offices were opened in 2010 in Carol Stream and in the West Loop at Morgan and Washington.