Oak Park Charter One to close, result of U.S. Bank buyout

Share on Facebook
Share on Twitter

By Ashley Lisenby

Digital Editor

U.S. Bank will close 13 branches in its purchase of Chicago-area Charter One locations.

The $315 million acquisition will close 10 Charter branches, including the Charter One on 810 S. Oak Park Avenue, and three U.S. Banks.

"As is the case with most acquisitions, the combination of our existing branch network with the Charter One branch network results in a small amount of overlap in a handful of communities," said U.S. Bank spokeswoman Nicole Garrison-Sprenger as reported by the Chicago Tribune.

The 10 Charter branches are set to close in June and the three U.S. Bank branches, a month later. The buyout will increase U.S. Bank's number of local branches to 160, up from 78.

Love the Journal?

Become our partner in independent community journalism

Thanks for turning to Wednesday Journal and OakPark.com. We love our thousands of digital-only readers. Now though we're asking you to partner up in paying for our reporters and photographers who report this news. It had to happen, right?

On the plus side, we're giving you a simple way, and a better reason, to join in. We're now a non-profit -- Growing Community Media -- so your donation is tax deductible. And signing up for a monthly donation, or making a one-time donation, is fast and easy.

No threats from us. The news will be here. No paywalls or article countdowns. We're counting on an exquisite mix of civic enlightenment and mild shaming. Sort of like public radio.

Claim your bragging rights. Become a digital member.

Donate Now

Reader Comments

No Comments - Add Your Comment

Note: This page requires you to login with Facebook to comment.

Comment Policy

Facebook Connect

Answer Book 2019

To view the full print edition of the Wednesday Journal 2019 Answer Book, please click here.

Quick Links

Sign-up to get the latest news updates for Oak Park and River Forest.

MultimediaContact us
Submit Letter To The Editor
Place a Classified Ad