Friday - April 4, 2025
Federal Reserve System Seeks Public Comment on Old Second Bancorp Merger Proposal
April 02, 2025
WASHINGTON, April 2 (TNSFR) -- The Federal Reserve System has announced a proposed bank merger that could reshape the financial landscape in Illinois. According to a notice published in the Federal Register on April 2, 2025, Old Second Bancorp, Inc., headquartered in Aurora, Illinois, has applied to merge with Bancorp Financial, Inc., based in Oak Brook, Illinois.

If approved, the transaction would allow Old Second Bancorp to acquire control of Evergreen Bank Group, a subsidiary of . . .

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