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Mario Treto, Jr., Secretary

Bureau of Banks, Trust Companies and Savings Institutions

How To Obtain a Savings Bank Charter

How to obtain a savings bank charter:

Not fewer than 5 nor more than 20 persons may organize a savings bank. The institution must have capital sufficient to be able to obtain federal deposit insurance coverage. The filing fee is $1,000. For additional information phone 217-785-2900.

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Contact Information

Chicago Office
555 West Monroe Street, 5th Floor
Chicago, IL 60661

Springfield Office
320 West Washington Street, 3rd Floor
Springfield, IL 62786

Call Us: 1 (888) 473-4858

TTY/TDD Line: 1 (866) 325-4949

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