Chicago Based Community Bank Celebrates 70 Years of Service

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Family owned independent community bank is proud to celebrate 70 years of service to the Chicagoland area. The bank has been primarily owned by the Loundy family since 1953.

We are looking forward to many more years of serving the financial needs of our customers and communities!

Devon Bank originally opened as the Devon North Town State Bank on September 15, 1945, just before the end of World War II. Our founders were local merchants who believed that the area known then as North Town, on Chicago’s north side, would benefit from a community bank. Today, 70 years later, Devon Bank is proud to remain as an independent community bank with deep roots in our communities and with the dedicated customer commitment envisioned by our founders. Primarily owned and operated by the Loundy family since 1953, Devon Bank has grown gracefully, along with our customers and our communities.

Devon Bank is headquartered in Rogers Park, one of the most diverse neighborhoods in the country and our staff on average speaks collectively more than 20 languages! The Bank has provided support to churches, synagogues, mosques, a Buddhist temple, social service agencies, community groups, medical providers, and providers of subsidized housing, developers, builders, visionaries, and those that just want to sell groceries to the locals.

The caring community bank envisioned by our founders is embodied by both our business and philanthropic commitments. Over the years we made donations and contributions to over 100 not-for-profit and community organizations.

Chairman David Loundy says: “We are proud to be a true community bank serving the Chicagoland area and beyond. We are grateful to all our customers, business partners, neighbors and friends who have helped us reach our 70th anniversary. We are looking forward to many more years of serving the financial needs of our customers and communities.”

Come celebrate with us at one of our three locations, ask about our 70th anniversary “specials” and meet our friendly and knowledgeable staff.

Devon Bank has three convenient locations with plenty of free parking:
Chicago - 6445 North Western Avenue, Glenview – 950 Milwaukee Avenue, Wheeling – 561 North Milwaukee Avenue or visit us online at

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Maia Radnev
Devon Bank
+1 773-465-2500 Ext: 2535
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Kimberly Schwartz
Devon Bank
847-465-2500 3827
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