First National Bank of Brookfield

What First National Bank of Brookfield does

First National Bank of Brookfield (FNBB) is a privately held, FDIC-insured community bank founded in 1962 and headquartered at 9136 Washington Avenue, Brookfield, Illinois. It operates a single physical branch with lobby and drive-up services supplemented by Fiserv-powered online and mobile banking, Zelle peer-to-peer payments, and surcharge-free ATM access through the MoneyPass and Cirrus networks. The bank serves individuals, families, small and medium-sized businesses, and public entities (schools, municipalities, public institutions) across Brookfield and the broader Chicagoland area, with a particular emphasis on construction lending, commercial real estate, multifamily, and mortgage products for the local market.

The bank generates revenue primarily through net interest income—the spread between interest earned on its loan portfolio (mortgages, home equity, construction/rehab, commercial real estate, multifamily, and business loans) and interest paid on deposits (checking, savings, money markets, CDs)—with supplementary non-interest income from wire fees, safe deposit box rentals, and ancillary banking services. The go-to-market motion is community-led and direct-to-consumer, built on 60+ years of local relationships, referrals, community sponsorships (Brookfield Zoo, Brookfield Library, LaGrange Park Chamber of Commerce), and a stated commitment to local lending decisions versus out-of-state megabank processes. The bank operates under a holding company structure (Brookfield Bancshares Inc.), which in May 2026 announced the $73.7 million all-cash acquisition of NSTS Bancorp Inc. and its subsidiary North Shore Trust and Savings, expected to close in Q4 2026 and materially expand the institution's geographic footprint into Chicago's North Shore suburbs.

Name

First National Bank of Brookfield

Legal name

First National Bank of Brookfield

Website

https://fnbb.com

Company type

Private

Founded year

1962

Operating status

Operating

Headcount range

1–10 employees

Short description

First National Bank of Brookfield is a privately held community bank founded in 1962, serving individuals, families, small businesses, and public entities in Brookfield, Illinois and the Chicagoland area through a single branch, Fiserv-powered online/mobile banking, construction lending, mortgages, and commercial real estate loans.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (522110), Depository Credit Intermediation (5221)

SIC

National Commercial Banks (6021)

akta.pro primary industry

SBA/Government-Backed & Development Finance Loans (FSAKAGAI)

akta.pro secondary industries

Agency (GSE) Multifamily Lending (FSALADAD), Bank & Credit Union Personal Loans (Unsecured Installment) (FSAKAAAL)

Keywords

• Community banking
• Retail banking services
• Commercial lending
• Mortgage lending
• Small business banking

Headquarters

HQ city

Brookfield

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Net Interest Income: Primary revenue stream from the spread between interest earned on loans (mortgages, home equity, construction, commercial real estate, multifamily, and business loans) and interest paid on deposits (checking, savings, money market, CDs). As a community bank, interest income from lending activities is the core earnings driver.
2. Non-Interest Income (Fee Income): Revenue from banking service fees including wire transfer fees ($25 domestic, $60 international), foreign currency ordering ($20 fee), safe deposit box rentals, and potentially overdraft and ATM fees.
3. Bill Payment Service: Optional bill payment service offered through online banking at no monthly charge for personal checking account customers.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

First National Bank of Brookfield is a community bank that provides personal and business deposit products (checking, savings, money market, CDs) and a full suite of lending solutions (home mortgages, home equity loans and HELOCs, construction/rehab loans, personal loans, commercial real estate loans, multifamily loans, and business loans). The bank supplements these traditional products with digital banking channels including mobile and online banking, Zelle person-to-person payments, and surcharge-free ATM access through the MoneyPass and Cirrus networks, while emphasizing local decision-making and relationship-driven service.

Product overview

First National Bank of Brookfield is a community bank offering a unified suite of banking products and services for individuals, families, and businesses. The core offering includes personal and business deposit accounts (checking, savings, CDs, money markets), lending products (mortgages, home equity, construction/rehab loans, personal loans, commercial real estate loans, multifamily loans, and business loans), and digital banking channels (mobile banking and online banking). Supporting services include Zelle for person-to-person payments, ATM access through MoneyPass and Cirrus networks, and safe deposit boxes. The bank positions itself on local decision-making and personalized service, with digital tools complementing relationship-based banking.

Differentiator

Problem solved

Functional benefit

Products and services

• Mobile Banking Free mobile banking application for iOS and Android that provides secure account access, balance viewing, transaction review, bill payment, check deposits, and fund transfers. Available to all registered online banking customers.
• Online Banking Internet banking platform powered by Fiserv that supports account inquiries, secure applications, transaction viewing, account transfers, loan payments, and bill payment services. Bill payments can be scheduled as one-time, fixed recurring, occasional, or variable recurring.
• Personal Checking Accounts Checking account options for individuals including Money Market, Presidents Checking, Super Now Account, and Totally Free checking, each with different features, interest-earning potential, and minimum balance requirements.
• Savings Accounts and CDs Savings and certificate of deposit products including Passbook Savings, Minor Passbook Savings, Statement Savings, Super Statement Savings, Hometown Choice, and Certificate of Deposit Accounts with terms from 3 months to 5 years.
• Home Mortgages Mortgage lending solutions including First Time Homebuyer, FHA, Home Equity, New Home Builds, Investment Properties, and Construction and Rehab loans with local decision-making and personalized guidance.
• Home Equity Loans Home equity financing using property value as collateral, offering fixed monthly payments, competitive rates, and funds for home improvements, education, or other significant expenses. Includes a Home Equity Line of Credit with an introductory 4.90% fixed rate for the first 12 months, no closing costs, and no annual fees.
• Construction and Rehab Loans Short-term construction financing for new builds and renovations with funds released in stages as work progresses, supporting homeowners and builders with local market knowledge.
• Personal Loans Unsecured personal financing for large purchases, debt consolidation, or unexpected expenses with clear terms, predictable payments, and local lender support.
• Zelle Person-to-Person Payments Fast, safe person-to-person payment service integrated into mobile and online banking, enabling money transfers between bank accounts using email or U.S. mobile phone number, typically within minutes.
• ATM Access Surcharge-free ATM access through the MoneyPass network with over 37,000 locations nationwide, plus international cash access through the Cirrus network.
• Safe Deposit Boxes Secure storage in climate-controlled vault available in multiple sizes for important documents, heirlooms, and valuables, accessible during regular branch hours.
• Business Checking Business checking accounts including Free Small Business Checking, Business Checking, Low Volume Business Checking, and Business Super Now, designed for different transaction volumes and business sizes.
• Business Savings Accounts Business savings solutions including Business Money Market, Business Statement Savings, and Business Super Statement Savings with tiered interest rates and limited debits.
• Public Funds Banking Banking services designed for schools, municipalities, and public institutions with secure FDIC-insured deposits, competitive interest rates, and local decision-making.
• Business Construction Loans Construction financing for new builds and renovation projects with competitive rates, flexible terms, and funds released as work progresses, guided by lenders with construction industry expertise.
• Commercial Real Estate Loans Financing for commercial property purchase, renovation, or refinancing with competitive rates, flexible terms, and local decision-making for businesses in Brookfield and surrounding areas.

Quantifiable outcome

• Over 60 years of continuous operation in Brookfield, IL since 1962
• +1 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature5 records

Partnerships

One partnership is on record.

• FiservcoreTechnology or IntegrationFirst National Bank of Brookfield utilizes Fiserv's eCom and eCorp systems for its Internet Banking platform, and the Fiserv Paytraxx system for Bill Payment services. The Fiserv network provides comprehensive security including SSL encryption and certificate authority authentication for online banking transactions.

Scale indicators4 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• BMO Harris Bank: Major U.S. retail and commercial bank with deep Chicago metro branch density and a full product suite. A broad incumbent that competes for consumer, SMB, and CRE relationships across FNBB's market.
• Old National Bank: Large regional bank (formed via the First Midwest merger) with a meaningful Chicago-area presence and full consumer/SMB product suite. A scaled regional incumbent that competes with FNBB for both deposits and commercial loans in the Chicagoland market.

Direct peers

• Byline Bancorp: Chicago-based community bank holding company focused on small business lending and relationship banking across Chicagoland. Comparable in customer mix (SMBs, professionals, municipalities) and community-bank growth strategy.
• North Shore Trust and Savings: Independent community bank serving Chicago's North Shore suburbs, currently subject to a $73.7M all-cash acquisition by FNBB's holding company. Highly comparable in product mix, size, and operating model to FNBB, making it the most directly analogous peer.
• Beverly Bank & Trust Company: Wintrust subsidiary serving Chicago's south and southwest suburbs, overlapping with FNBB's Chicagoland service area. Comparable in size, community-bank charter, and SMB/mortgage lending focus.
• Wintrust Financial Corporation: Chicago-area community bank holding company operating multiple community bank charters (e.g., Hinsdale, Northbrook, Lake Forest, Beverly) across the same Chicagoland market as FNBB. Closest scaled analog of the multi-charter community bank model that FNBB is building toward via the NSTS deal.
• Hinsdale Bank & Trust Company: Wintrust subsidiary serving western Chicago suburbs including Hinsdale and surrounding communities. Directly adjacent to FNBB's Brookfield/LaGrange footprint and competes for similar suburban consumer and SMB relationships.
• First Bank of Highland Park: Independent community bank serving Highland Park and Chicago's North Shore. Comparable in size, deposit-funded lending model, and local community-bank positioning to FNBB.
• Northbrook Bank & Trust Company: Wintrust subsidiary operating in Chicago's northern suburbs with a similar relationship-driven community bank model. Comparable in scale, product mix, and target customer profile to FNBB.
• Lake Forest Bank & Trust Company: Wintrust subsidiary serving affluent north-shore communities. Comparable in community-bank product suite and local decision-making model, though serving a higher-net-worth customer base than FNBB.

Market position

Strengths5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/first-national-bank-of-brookfield

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about First National Bank of Brookfield