Ben Franklin Financial, MHC is the federally chartered mutual holding company parent of Ben Franklin Financial Inc. It has assets of over $14 million. Formed in 2006, Ben Franklin Financial Inc. is the mid-tier stock holding company for Ben Franklin Bank of Illinois, which is a federally chartered savings bank founded in 1893. Ben Franklin Bank of Illinois is a full-service community bank, serving the northwest suburban area. Its principal business consists of attracting retail deposits from the general public in its market and investing those deposits, together with funds generated from operations and borrowings, in one to four family residential mortgage loans among others.
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