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Due to a building issue, the reception area in our Springfield office is temporarily closed. We are not able to assist walk-in visitors today (4/24) and tomorrow (4/25). An update will be provided when the reception area reopens. Be sure to check before traveling to our Springfield office.

WEBSITE ALERT: IDFPR is no longer affiliated with the idfpr[.]com domain name. The website currently hosted on that domain is not authorized by IDFPR and may pose a security threat to visitors. Please be sure to use only IDFPR’s official website at IDFPR.illinois.gov.

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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