About American Chartered Bank
American Chartered Bank is a company based in Schaumburg (United States) founded in 1987 was acquired by MB Financial Bank in November 2015.. American Chartered Bank has raised $52.21 million across 4 funding rounds from investors including MB Financial Bank and Patriot Financial Partners. American Chartered Bank offers products and services including Checking Accounts and Mortgages.
- Headquarter Schaumburg, United States
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Fifth Third Bank, National Association
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$52.21 M (USD)
in 4 rounds
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Latest Funding Round
$1.5 M (USD), Debt – Conventional
Aug 27, 2014
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Investors
MB Financial Bank
& 1 more
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Employee Count
Employee Count
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Acquired by
MB Financial Bank
(Nov 22, 2015)
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Products & Services of American Chartered Bank
American Chartered Bank offers a comprehensive portfolio of products and services, including Checking Accounts and Mortgages. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Checking accounts are offered for everyday transactions and financial management.
Mortgages are provided to facilitate home loans and refinancing options.
Funding Insights of American Chartered Bank
American Chartered Bank has successfully raised a total of $52.21M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $1.5 million completed in August 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Debt – Conventional — $1.5M
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First Round
First Round
(27 Jul 2010)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2014 | Amount | Debt – Conventional - American Chartered Bank | Valuation |
investors |
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| Feb, 2012 | Amount | Series C - American Chartered Bank | Valuation |
investors |
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| Sep, 2011 | Amount | Series C - American Chartered Bank | Valuation | Patriot Financial Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in American Chartered Bank
American Chartered Bank has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include MB Financial Bank and Patriot Financial Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity investments are targeted at US companies.
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Founded Year | Domain | Location | |
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Commercial banking services are provided in the United States.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by American Chartered Bank
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - American Chartered Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
American Chartered Bank Comparisons
Competitors of American Chartered Bank
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about American Chartered Bank
When was American Chartered Bank founded?
American Chartered Bank was founded in 1987 and raised its 1st funding round 23 years after it was founded.
Where is American Chartered Bank located?
American Chartered Bank is headquartered in Schaumburg, United States. It is registered at Schaumburg, Illinois, United States.
Is American Chartered Bank a funded company?
American Chartered Bank is a funded company, having raised a total of $52.21M across 4 funding rounds to date. The company's 1st funding round was a Series C of $50M, raised on Jul 27, 2010.
What does American Chartered Bank do?
Provider of a range of financial services.
What products or services does American Chartered Bank offer?
American Chartered Bank offers Checking Accounts and Mortgages.
Who are American Chartered Bank's investors?
American Chartered Bank has 2 investors. Key investors include MB Financial Bank, and Patriot Financial Partners.