History

Growing Together Since 1907


We owe a great debt of gratitude to the community for supporting the bank for over a century.  We are also indebted to the generations of shareholders, staff and management who have guided the bank through challenging economic times.  The First Bank of Manhattan has always maintained a community focus, providing the highest level of financial services in an effort to foster growth and prosperity throughout Manhattan, Elwood, New Lenox and surrounding communities.

It is our hope that we continue the legacy that has carried us for our first one hundred years.  As we step into our second century, it is with the belief that the best is yet to come! 

 

1907
First National Bank of Manhattan opens doors with $40,000 in capital.

1937
Bank assets reach $632,994.

1961
Bank remodels and expands, one drive-up lane added later.

1977

Bank assets reach $19,352,000.

1979

Bank remodels and expands, three drive-up lanes added

1981

Holding company, Manhattan Bancshares, Inc. formed.

1989

Jack Kramer named bank President.

1991

Our first ATM installed.

1994

Market Place branch opens.

2002

Bank-by-Phone becomes available.

2003

Online Banking becomes available.

2005

Bank converts from a national charter to a state charter.  Name changes to First Bank of Manhattan.

2006

In August 2006,  we completed and opened our new landmark financial center at 550 West North Street in Manhattan.  Three months later we opened our first branch outside of Manhattan, at 836 Laraway Road in New Lenox.  At the time our 550 West North Street office opened, we closed the smaller 300 Market Place location.

2007

Bank assets exceed $120,000,000 and bank celebrates it's 100th year!

2010

eStatements become available.