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Oak Bank
  • About Us
    • Who We Are
    • Senior Management
    • Letter from the CEO
    • Employee Spotlight
  • Personal Banking

      Deposit Products

      • Savings
      • Checking
      • CD’s
      • CDARS / ICS Products
      • Rates

      Personal Lending

      • Mortgages
      • Home Equity Loans
      • Other Personal Loans

      Internet Banking

      • Online Banking
      • Paperless Statements
      • ePayments
      • Mobile Banking

      Account Services

      • Safe Deposit Boxes
      • Wire Transfers
      • Bank Checks
      • Night Drop
      • Reorder Checks

      News & Knowledge

      • What’s Happening
      • Frequently Asked Questions
      • Useful Articles
      • Bank Switch Kit
  • Business Banking

      Deposit Products

      • Low Cost Business Checking
      • Regular Business Checking
      • Money Market Account

      Business Lending

      • Commercial Real Estate Loans
      • Multi-Family Real Estate Loans
      • Condo Association Loans
      • Co-Operative Building Loans
      • Small Business Loans

      Internet Banking

      • Online Business Banking
      • Paperless Statements
      • ePayments
      • Mobile Banking

      Account Services

      • Safe Deposit Boxes
      • Wire Transfers
      • Bank Checks
      • Night Drop
      • Reorder Checks

      News & Knowledge

      • What’s Happening
      • Frequently Asked Questions
      • Useful Articles
      • Bank Switch Kit
  • News & Knowledge
    • What’s Happening
    • Frequently Asked Questions
    • Useful Articles
    • Home Mortgage Learning Center
    • Switch Kit
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    • Privacy Policy
  • Contact Us
Home > About Us > Who We Are

Who We Are

In 1970, a group of local investors had the idea to open a local community bank to serve the Near North and Gold Coast residents and businesses. The bank they envisioned opened in July, 1970, as Oak Trust and Savings Bank, originally as a trailer on Oak Street. The Bank was eventually established at 1000 N. Rush Street, and the corner of Rush and Oak Streets, where it remains today. The Bank has grown to over two hundred million dollars in assets, and continues to serve its neighborhood community. Now known as Oak Bank, it has established itself as the premier Gold Coast bank, serving individuals, restaurants, retail stores, building contractors, real estate investors, and many other personal and business accounts.

Oak Bank has a loyal clientele, with many of its customers doing business with the bank for over thirty years. It also has an extremely loyal and experienced staff, with the average tenure of its employees to be over seventeen years! This loyalty and experience has given Oak Bank the advantage in treating its customers with respect, familiarity, and excellence. Oak Bank knows its customers, and knows their business and their concerns.

Oak Bank is the local community bank in the heart of the city — in a neighborhood, yet part of the downtown business environment. Stop in to find out why Oak Bank is continuing to grow, and why its roots go deep in the Gold Coast community.

oakbank-newspaper-ad

Advertisement in Near North News announcing the opening of Oak Trust and Savings Bank in July, 1970.

Oak-Bank-Bday-Party-70s

Celebrating Oak Trust and Savings Bank’s Tenth Anniversary in July, 1980

Loan-Department-80s

Some former (and current!) employees in late 1979.

Where We Are

  • 1000 N. Rush Street
    Chicago IL, 60611

    M-F 9-6
    Sa 9-1:30
    Walkup window opens at 8 M-Sa
  • info@oakbank.com
  • 312-440-4000
FDIC Member

Oak Bank Blog

  • Chicago Firsts
  • Ten Ways To Increase Your Savings
  • 9 Financial Professionals You Should Be Aware Of
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Employee Spotlight

Myrna Concepcion- Bank Teller & Assistant Vault Manager