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20 North Martingale Road
Schaumburg, IL 60173

American Chartered Bank is no longer doing business under that name because it has been merged or acquired. See the successor institution MB Financial Bank.

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Reviews (3)

Good, Solid Local Banking

Posted by: Anonymous | Oct 21, 2011

I have banked with American Chartered for over 15 years. I've had checking and savings and occasionally will do a CD (although rates the last few years are terrible). They have always treated me great. They are friendly and treat me like a fellow neighbor. They're not greedy like the big banks that charge you fees for every little thing. I have had free checking and savings with them for all these years. They also have good online banking and have recently upgraded it so it's even easier to use. I'd highly recommend them for anyone looking for no hassles and friendly service. They will treat you like a person, not a number or another fee!!!

Great Community Bank

I love banking with American Chartered! All of the bankers and tellers are so friendly and treat me like I am an old friend when I walk in. They have free checking with no service fees and once when I accidentally overdrew my account, they were nice enough to waive the fee for me as a courtesy. Their rates on CDs and Money Markets used to kind of good but now they're not that great- I think it has more to do with the economy, though, than the bank itself. American Chartered is convenient and they have a very helpful staff. I also refinanced my mortgage through them, and they made the process nice and easy!

Good And Long History With This Bank

Posted by: JL | Dec 9, 2015

This bank originally attracted me by their free checking account program. No minimum balance and the free checking even offers interest! When I started banking with ACB, they only had 4 or 5 locations but now they have expanded to roughly twice that sum. Originally this bank did whatever possible to set themselves apart from the other area banks such as having open bank branches on Sundays. Several locations offered two ATM machines so you never had to wait. During the recession of the mid-2000's, bank customers witnessed several cut backs such as the loss of expanded banking hours, the addition of more requirements to continue enjoying free checking and other additional or increased fees. It was widely known that several of their large commercial loans were experiencing defaults to varying degrees but in the end the Feds never knocked on the doors to organize a shut-down as many other peer banks suffered during this time of financial crisis. Today, customers are now enjoying a more service oriented bank and relaxed rules such as allowing a customer to cover any shortages in their accounts on the same day as presented without penalty. The phone, web-site and secured mobile apps give customers the ability to make deposits and transfer monies between savings and checking without difficulty. I would recommend them to any of my friends. Stop by and get a piece of chocolate every time you do business!


We do not have health information for American Chartered Bank, because it is no longer an operational bank.


Sorry, we do not have rate data for American Chartered Bank.


Sorry, but we do not have location data for American Chartered Bank. Its headquarters is located at 20 North Martingale Road - Schaumburg, IL 60173