FOSTER BANK Email Format
BankingIllinois, United States11-50 Employees
Foster Bank is a community-focused financial institution that provides banking services to individuals and small businesses in the Chicago area. Established in 1989 by Korean-American entrepreneurs, the bank developed to serve the needs of the Korean-American community and expanded its footprint through additional branches in the north and suburbs, with a loan production office in Atlanta to reach broader Midwest markets. The bank positions itself within the banking industry as a lender and community banker with a long-standing emphasis on small business clients, maintaining a preferred lender relationship with the Small Business Administration and consistently ranking among Illinois’ top SBA lenders to Asian-American small businesses. Based in the Chicago region, Foster Bank serves a culturally specific market while offering its services through multiple locations, reflecting steady growth in assets and community-oriented banking activity.