Lemont National Bank

Name

Lemont National Bank

Legal name

The Lemont National Bank

Website

https://lemontnationalbank.com

Company type

Private

Founded year

1901

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Depository Credit Intermediation (5221)

SIC

National Commercial Banks (6021)

akta.pro primary industry

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)

akta.pro secondary industries

Branch & In-Person Banking (Teller/ATM Networks) (FSABAAAE), SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC)

Keywords

• Community banking services
• Retail banking products
• Residential mortgage lending
• Small business banking
• Deposit accounts

Headquarters

HQ city

Lemont

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Pricing tiers

Distribution channels4 records

Marketing channels3 records

Core offering

The Lemont National Bank is a community bank offering personal and small business deposit accounts (checking, savings, and certificates of deposit), consumer and residential mortgage lending (including fixed-rate, adjustable-rate, and jumbo mortgages plus HELOCs), and supporting digital banking channels (online, mobile with CardValet debit-card controls, and TeleBank telephone banking). Account holders also receive Visa debit cards with EnFact fraud monitoring, free online bill pay, and eStatements, all delivered through two branch locations in Lemont, Illinois.

Product overview

Lemont National Bank offers a unified community banking platform combining deposit accounts (checking, savings, CDs) with lending products (mortgages, HELOCs) and digital banking services. The digital banking suite centers on Online Banking and Mobile Banking as the primary channels, supplemented by Bill Pay, eStatements, and Telephone Banking. Security features include CardValet (debit card control app) and EnFact Fraud Monitoring. The bank operates as a single-institution community bank with products delivered through branch locations, online channels, and mobile applications.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Banking Deposit accounts (checking, savings) and personal lending products offered to individual consumers and families in the Lemont, Illinois market.
• Business Banking Deposit accounts and lending products tailored for local small businesses, including business checking, savings, and loan products.
• Online Banking Web-based banking platform providing 24/7 access to accounts, including balance checks, fund transfers, text and email alerts, eStatement viewing, and bill pay for retail and business customers.
• Mobile Banking Mobile application for account management, budget tracking, spending monitoring, fund transfers, and payments, available via Apple App Store and Google Play Store.
• Residential Mortgage Loans Traditional and innovative residential mortgage products — including fixed-rate, adjustable-rate, and jumbo loans — with competitive rates and closing costs for home purchases, refinancing, and home-related financing.
• Home Equity Lines of Credit (HELOC) Revolving variable-rate credit lines secured by home equity that allow homeowners to access funds by writing checks, with interest-only payment options for purposes such as home improvements, debt consolidation, or education expenses.
• Visa Debit Card Visa-branded debit card for ATM withdrawals, point-of-sale purchases, and online transactions, with cash-back capability at participating retailers, and supported by EnFact fraud monitoring and CardValet debit-card controls.
• Telephone Banking (TeleBank) Automated phone-based banking service accessible at 1-800-449-0149, enabling account inquiries and basic banking transactions.
• Certificate of Deposit (CD) Specials Time-deposit (CD) accounts available with competitive rates, including periodic CD Special promotions, obtained by contacting the bank directly.

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core and minor.

• NuMark Credit UnioncoreStrategic or Co-development Partner · 12 March 2025NuMark Credit Union of Joliet, IL announced acquisition of substantially all assets and liabilities of The Lemont National Bank in an all-cash transaction. The transaction was unanimously approved by both boards of directors and is subject to customary closing conditions including shareholder and regulatory approvals. Expected to close in the second half of 2025.
• Luse Gorman, PCminorOthersLegal advisor to NuMark Credit Union in the acquisition transaction
• Barack Ferrazzano Kirschbaum & Nagelberg LLPminorOthersLegal advisor to The Lemont National Bank and Lemont Bancorp, Inc. in the acquisition transaction

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• First Bank of Highland Park: Chicagoland community bank (Wintrust subsidiary) operating in the same suburban Illinois retail-banking market with comparable deposit, lending and small-business products.
• Old Second National Bank: Aurora, IL-based community bank with a similar southwest-Chicagoland retail and small-business banking franchise, providing a directly comparable Illinois community-banking peer.
• Bridgeview Bank Group: Chicagoland community bank holding company (Bridgeview, IL) operating retail and small-business banking branches in the same suburban Illinois footprint as Lemont National Bank.
• Glenview State Bank: Suburban Chicago community bank (Wintrust subsidiary) offering checking, savings, mortgages and business banking; comparable to Lemont as a small-branch Illinois community franchise.
• Byline Bank: Chicago-based community bank focused on small-business lending and consumer deposits; directly comparable to Lemont as an Illinois-headquartered retail/community bank with branch-based distribution.
• Busey Bank: Illinois-headquartered community bank (Champaign / Chicago) offering consumer deposits, mortgages and business banking; comparable in product mix and Illinois retail-banking focus.
• Inland Bank and Trust: Illinois community bank serving Chicago-area consumers and small businesses with deposit, mortgage and treasury products; materially comparable franchise to Lemont National Bank.
• NuMark Credit Union: Joliet, IL-based credit union and the announced all-cash acquirer of Lemont National Bank; comparable as a Chicago-southwest-suburban retail depository and consumer lender serving the same geography.

Emerging players

• Consumers Cooperative Credit Union: Illinois-based retail credit union serving consumers and small businesses with deposit, lending and digital banking products; adjacent credit-union peer relevant to the Lemont/NuMark combination thesis.

Broad incumbents

• Wintrust Financial Corporation: Chicago-based financial holding company operating a network of community-bank subsidiaries across Illinois; a broader incumbent operating in the same retail/community-banking space that acquirers in this segment compete within.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Lemont National Bank