Continental Illinois Bank Building in Chicago, Illinois - Encircle Photos

12 Continental Illinois Bank Building in Chicago, Illinois

This splendid, neo-classical building with six Ionic columns supporting a pediment with an eagle relief once was the headquarters of the Continental Illinois Bank. Founded in 1883, it became the seventh largest U.S. bank. 101 years later, however, it collapsed during a “run on the bank” when $10 billion was withdrawn within weeks. After being considered “too big to fail,” it was seized by the FDIC in the biggest bailout until the financial crisis in 2008. Ten years later, in 1994, it was acquired by BankAmerica.

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Continental Illinois Bank Building in Chicago, Illinois

231 S LaSalle St, Chicago, IL 60603

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