Who is Old Second?
Old Second opened its doors in 1871 and was among the first banks in Aurora, IL. Originally chartered as the Second National Bank of Aurora, the bank was launched by a group of local farmers and businessmen committed to investing in and strengthening their community.
Unlike other Chicago-area banks, Old Second’s heritage traces the advancement and evolution of the banking industry and the growth and expansion of the Chicago metropolitan area. The same local spirit that sparked a group of Aurora’s early settlers to invest in and finance their town’s growth helped guide Old Second as it expanded throughout Kane, Kendall, DeKalb, DuPage, Cook, LaSalle and Will counties and the surrounding communities.
In addition to their commitment to community, our founders’ fiscal discipline remains among Old Second’s guiding principles. Backed by an unwavering sense of financial responsibility, we’ve persevered through the most challenging and rewarding economic climates and historical events of the late-19th century, the entire 20th century, and the early 21st century. Our balance sheet remains solid, our credit rating remains strong, and our dedication to building strong and lasting relationships with our customers remains unparalleled. For over 140 years, and throughout various economic backdrops, Old Second consistently has helped businesses and individuals throughout the Chicago area START BANKING.
Second National Bank of Aurora
At the time of Second National Bank’s founding, banks were issued charters for 20-year periods. When that first charter expired in 1891, the bank had achieved impressive and unprecedented financial results. Rather than apply for a standard charter renewal, the bank’s shareholders sought to capitalize on their successful 20-year run by renaming their bank “the Old” Second National Bank of Aurora.