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| | ShoreBank - Merger |
 | | Commissioner of the Illinois Office of Banks and Real Estate, William A. Darr, announced that on March 10, 2001 the agency approved the merger of ShoreBank, Detroit, Detroit, Michigan with and into ShoreBank, Chicago, Illinois. |
 | | The capital structure of the resulting bank includes 135,388 shares of capital stock, with a par value of $10.00, 12,500 shares of preferred stock, with a par value of $100.00 and a surplus of $51,242,000. |
 | | The Illinois Office of Banks and Real Estate oversees state-chartered banks and thrifts, electronic funds transfer (EFT) networks, ATMs not owned by financial institutions, corporate fiduciaries, real estate brokers and salespersons, real estate appraisers, real estate companies, time-share/land sales, mortgage bankers, mortgage brokers, leasing agents, check printers, pawnbrokers, and auctioneers. |
| www.obre.state.il.us /CBT/WELCNEWS/NEWS/BTOLDNWS/shore.htm (176 words) |
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