July 28, 2016 3:07 PM ET


Company Overview of Royal Savings Bank

Company Overview

Royal Savings Bank provides personal and commercial banking services in Illinois. The company’s personal banking services include checking accounts, savings accounts, certificates of deposit, individual retirement accounts, and loans; and commercial banking services comprise checking accounts, savings accounts, certificates of deposit, commercial loans, and cash management services. It also provides mortgages, home equity, and online banking services. Royal Savings Bank was formerly known as Royal Savings And Loan Association Of Chicago and changed its name to Royal Savings Bank in January 1992. The company was founded in 1887 and is based in Chicago, Illinois. Royal Savings Bank operates as...

9226 South Commercial Avenue

Chicago, IL 60617

United States

Founded in 1887





Key Executives for Royal Savings Bank

Chief Executive Officer, President, Director, Chief Executive Officer of Royal Financial, Inc and President of Royal Financial, Inc
Age: 53
Chief Financial Officer, Senior Vice President, Chief Financial Officer of Royal Financial, Inc and Senior Vice President of Royal Financial, Inc
Age: 52
Senior Vice President of Operations
Age: 44
Senior Vice President
Age: 55
Advisory Member of the Board and Advisory Member of the Board of Royal Financial, Inc
Age: 78
Compensation as of Fiscal Year 2016.

Royal Savings Bank Key Developments

Royal Savings Bank Opens New Micro-Branch in a Large Neighborhood Grocery Store

Royal Savings Bank opened a new micro-branch in a large neighborhood grocery store, which is close to the bank's current southeast location. The bank said the purchase contract for the existing branch sale is in the final due diligence phase. Upon closure of the outdated branch location, expected to occur in the third fiscal quarter, annual cost savings are estimated to be $150,000.

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Recent Private Companies Transactions

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