Question 1

What is Brickyard Bank?

Accepted Answer

Brickyard Bank is an independently owned community bank serving the greater Chicago metropolitan area, with a focus on the ethnically diverse communities of Lincolnwood, Skokie, Evanston, and the far north side of Chicago. With approximately $186 million in assets and three branches, the bank specializes in providing personalized banking services to individuals and small to medium-sized businesses.

The bank has built its reputation on delivering full-service community banking with an emphasis on relationship-focused customer service. As a state-chartered, FDIC-insured institution, Brickyard Bank maintains deep roots in the local communities it serves while offering modern digital banking capabilities.

Question 2

When was Brickyard Bank founded?

Accepted Answer

Brickyard Bank was chartered in 1979 as a state-chartered bank. The bank was originally established to serve the newly created Brickyard Mall and the surrounding area on the northwest side of Chicago at Diversey and Narragansett.

The present ownership acquired the bank in 1997 and has maintained the institution's commitment to community-focused banking. Since its founding, the bank has evolved from a single location serving a shopping mall to a multi-branch community bank serving diverse neighborhoods throughout the Chicago metropolitan area.

Question 3

Where is Brickyard Bank headquartered?

Accepted Answer

Brickyard Bank is headquartered at 6676 N. Lincoln Avenue in Lincolnwood, Illinois. The bank relocated to this location in 1987 from its original location in the Brickyard Mall. Lincolnwood is a suburban community located immediately north of the city of Chicago in Cook County.

Question 4

Where does Brickyard Bank operate?

Accepted Answer

Brickyard Bank operates three branches throughout the northern Chicago metropolitan area. The bank's primary office is located in Lincolnwood at 6676 N. Lincoln Avenue. In 2008, the bank expanded by opening a branch in Skokie at 3536 W. Dempster Street.

The bank serves customers throughout the Chicago-Naperville-Elgin metropolitan statistical area, with particular strength in Lincolnwood, Skokie, Evanston, and neighborhoods on the far north side of Chicago. The bank closed its original Brickyard Mall location in early 1993 as it consolidated operations in its suburban locations.

Question 5

What services does Brickyard Bank offer?

Accepted Answer

Brickyard Bank provides comprehensive personal and business banking services. Personal services include checking accounts, savings accounts, money market accounts, certificates of deposit, and consumer lending. The bank offers no-fee checking accounts with unlimited check writing and withdrawals.

For business customers, the bank provides business checking (including Simplicity Business Checking with no maintenance fees), business savings, money market accounts, NOW accounts for sole proprietorships and nonprofit organizations, and commercial lending. The bank also offers specialized Charity Checking accounts that pay to the charity of the organization's choice.

Commercial lending is a core strength, with the bank's loan portfolio heavily weighted toward commercial real estate (54.65%), small business loans (21.23%), and commercial and industrial loans (10.28%). The bank also provides construction and development loans, multifamily mortgages, and 1-4 family residential loans.

Digital banking services include free online banking, free mobile banking with mobile deposit capabilities, online bill pay, e-statements, CardValet debit card protection, and Notifi real-time alerts and notifications. The bank offers ATM/Visa debit cards with free ATM withdrawals at AllPoint ATMs worldwide.

Additional services include business credit cards with rewards programs, personal credit cards, domestic and international wire transfers, notary public services, safety deposit boxes, direct deposit, and cashier's checks and money orders.

Question 6

What makes Brickyard Bank unique?

Accepted Answer

Brickyard Bank stands out as an independently owned community bank in an era of consolidation, maintaining local ownership and decision-making. The bank proudly serves one of the most ethnically diverse communities in the Chicago area and has built strong relationships across multiple cultural communities.

The bank's specialized focus on small business and commercial real estate lending distinguishes it from many community banks, with over 75% of its loan portfolio concentrated in these areas. This specialization has made the bank a valuable partner for local business owners and commercial real estate developers.

Despite its community bank size, Brickyard Bank offers comprehensive digital banking capabilities that rival larger institutions, including mobile deposit, CardValet security features, and Notifi real-time alerts, demonstrating its commitment to combining personal service with modern technology.

The bank's Charity Checking program for nonprofit organizations reflects its commitment to community service, allowing charities to earn income for their organization through their banking relationship.

Question 7

What type of financial institution is Brickyard Bank?

Accepted Answer

Brickyard Bank is a State-Chartered Community Bank. As a state-chartered institution, it is regulated by the Illinois Department of Financial and Professional Regulation in addition to the FDIC. The bank holds FDIC Certificate #22811 and operates as an independent community bank without affiliation to a larger bank holding company.

The bank exemplifies the community banking model by focusing on relationship banking, local decision-making, and serving the specific needs of its geographic market. With approximately $186 million in assets and three branches, it operates at a scale that allows personalized service while maintaining the financial strength and regulatory compliance of a well-capitalized institution.

As of recent financial reports, the bank maintains a strong Return on Assets (ROA) of 1.01% and a Return on Equity (ROE) of 7.61%, demonstrating sound financial performance while serving its community mission.

Brickyard Bank

in the United States 🇺🇸

Crypto-Friendliness

All done!

About Brickyard Bank in the United States