Covenant Bank

CTL-E-1237 · Business · bank · 2000s, 2010s

PROVISIONAL evidence grade of this record

Faith-capitalized Black community bank on Chicago's West Side (2008-2013); bought from Community Bank of Lawndale by Rev. Bill Winston, funded by thousands of small church-linked shareholders, closed by regulators with deposits assumed by Liberty Bank and Trust.

Notes

Merged into canonical KG 2026-10-03 from INST-001; source entity IDs: CTL-DR-INST-001:INST-028; source research type(s): bank.

Sources

FDIC, Failed Bank List: Covenant Bank, Chicago, IL. https://www.fdic.gov/resources/resolutions/bank-failures/failed-bank-list/covenant-il.html (primary source)
FDIC Press Release, Covenant Bank closure (2013). https://archive.fdic.gov/view/fdic/4805/fdic_4805_DS1.pdf (primary source)
Forest Park Review, 'Covenant Bank's path to failure' (2013-04-09). https://www.forestparkreview.com/2013/04/09/covenant-banks-path-to-failure/
forestparkreview.com, 'Covenant Bank's path to failure' (2013-04-09)
forestparkreview.com (2013-04-09)
FDIC failed-bank list, Covenant Bank; FDIC press release (archive) (primary source)

Record CTL-E-1237 · CultureTechLens Knowledge Graph · evidence grade: PROVISIONAL · 6 sources (3 primary) · CTL research: INST-001.
Directory: all entity records · the knowledge graph

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Cite as: CultureTechLens, “Covenant Bank (CTL-E-1237),” CultureTechLens Knowledge Graph, October 2026. https://culturetechlens.com/graph/entities/ctl-e-1237/

Chicago: CultureTechLens. “Covenant Bank (CTL-E-1237).” CultureTechLens Knowledge Graph. Chicago, IL: CultureTechLens, 2026. https://culturetechlens.com/graph/entities/ctl-e-1237/
APA: CultureTechLens. (2026). Covenant Bank (CTL-E-1237) [Entity record]. CultureTechLens Knowledge Graph. https://culturetechlens.com/graph/entities/ctl-e-1237/
MLA: CultureTechLens. “Covenant Bank (CTL-E-1237).” CultureTechLens Knowledge Graph, 2026, https://culturetechlens.com/graph/entities/ctl-e-1237/

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From the Archive

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Black enterprise — the shops, banks, and trades that built it. Photographs from the CultureTechLens research record — rights-cleared, credited, and cited like everything else here.

A men's furnishings counter on 47th Street, Chicago, 1941Photo: Russell Lee, FSA-OWI, Public Domain, via Library of Congress

Shoppers at a ten-cent store counter, South Side, Chicago, 1941Photo: Russell Lee, FSA-OWI, Public Domain, via Library of Congress

Office workers at an insurance company, South Side, Chicago, 1941Photo: Russell Lee, FSA-OWI, Public Domain, via Library of Congress

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