Illinois Service Federal Savings & Loan Association

CTL-E-1360 · Business · bank · 1934-present (renamed GN Bank after 2016 acquisition); 1934–present (status as of 2017 reporting)

PROVISIONAL evidence grade of this record

Black-owned Chicago community bank that absorbed mission-driven customers after Seaway's 2017 failure; 90% of employees live in the communities they serve. A continuity case: Black banking capital that persisted where Seaway, Binga, and Douglass banks did not.

Notes

Merged into canonical KG 2026-10-03 from ECON-001; source entity IDs: CTL-DR-ECON-001:ECON-029; source research type(s): bank.

Sources

ProPublica, 'What's Gone Wrong at Chicago's Last Black-Owned Bank?' (2021); chicagopatterns.com (citing Jet Magazine)
ProPublica (2021); Black Enterprise (2009/2017)
Jet Magazine (1961) via chicagopatterns.com
Black Enterprise (2015-2017); ProPublica (2021); Banking Exchange
bankingexchange.com

Record CTL-E-1360 · CultureTechLens Knowledge Graph · evidence grade: PROVISIONAL · 5 sources · CTL research: ECON-001.
Directory: all entity records · the knowledge graph

Cite this record

Cite as: CultureTechLens, “Illinois Service Federal Savings & Loan Association (CTL-E-1360),” CultureTechLens Knowledge Graph, October 2026. https://culturetechlens.com/graph/entities/ctl-e-1360/

Chicago: CultureTechLens. “Illinois Service Federal Savings & Loan Association (CTL-E-1360).” CultureTechLens Knowledge Graph. Chicago, IL: CultureTechLens, 2026. https://culturetechlens.com/graph/entities/ctl-e-1360/
APA: CultureTechLens. (2026). Illinois Service Federal Savings & Loan Association (CTL-E-1360) [Entity record]. CultureTechLens Knowledge Graph. https://culturetechlens.com/graph/entities/ctl-e-1360/
MLA: CultureTechLens. “Illinois Service Federal Savings & Loan Association (CTL-E-1360).” CultureTechLens Knowledge Graph, 2026, https://culturetechlens.com/graph/entities/ctl-e-1360/

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Children at a meal, Chicago, 1941Photo: Russell Lee, FSA-OWI, Public Domain, via Library of Congress

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