Northern States Financial Corp

Northern States Financial Corporation is a more than $770 million bank holding company for the NorStates Bank, a full-service commercial bank founded in 1962 serving the populations of northeastern Illinois and southeastern Wisconsin. NorStates Bank is the combination of the Bank of Waukegan, founded in 1962, and First Federal Bank, a thrift chartered in 1919, which merged in 1998 to form a single bank with assets in excess of $535 million. The bank has more than five branches throughout Lake County, one of the wealthiest counties in Illinois. As a full-service commercial bank, the company attracts deposits; makes commercial, real estate and consumer loans; and operates mortgage banking and trust businesses. Northern States Financial Corporation is headquartered in Waukegan, Ill.