Celebrating 80 Years of Community Banking
September 15, 2025
Eighty years ago, Devon Bank opened its doors with a simple mission: to serve its neighbors. Today, as we celebrate our 80th anniversary, that mission is more relevant than ever.
In a world where financial institutions often feel distant and impersonal, community banks stand apart. We are rooted in the neighborhoods we serve. We know the names behind the account numbers, the stories behind the loan applications, and the dreams behind every deposit slip. Community banking isn’t just about transactions — it’s about relationships, trust, and a shared commitment to building something stronger together.
Our role extends far beyond dollars and cents. Community banks fuel small businesses, support first-time homebuyers, and create opportunities for families to thrive. We invest in schools, sponsor local events, and roll up our sleeves alongside nonprofits that make a difference. Every branch, every employee, every customer interaction becomes part of the fabric that holds neighborhoods together.
Eighty years in, Devon Bank is proud to honor that legacy — and to carry it forward. Because community banks don’t just serve communities; we are communities. And as the world changes, one thing will always remain the same: our mission begins and ends with you.
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Important Update Regarding the Zelle App
Zelle has announced that its standalone mobile app will no longer support sending or receiving money as of April 1, 2025. Here’s what you need to know:
Key Changes
- New Users: Starting January 8, 2025, new users will no longer be able to enroll in the Zelle app.
- Existing Users: Beginning April 1, 2025, existing users will no longer be able to send or receive money through the standalone Zelle app.
What Does This Mean for Devon Bank Customers?
- If you’re using a debit card with Zelle, you won’t be able to access Zelle through the standalone app after April 1, 2025.
- But don’t worry—you can still transfer money!
Devon Connect, our secure mobile banking platform, offers a simple and reliable way to send money person-to-person. With Devon Connect, you can transfer funds quickly and securely using your trusted banking app.
At Devon Bank, we’re here to keep you informed and ensure your banking experience is seamless. If you have questions about this update or need help with Devon Connect, please call us at 773-465-2500.
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Personal
We offer a full range of accounts and services for all your personal banking needs. From free checking and money market accounts to certificates of deposit; from debit and credit cards to mobile banking!
Business
Whether you run just started a business, or you are an established business owner, Devon Bank has the financial tools to put you on the path to success.
Easy, Secure and Fast
About Us
Devon Bank originally opened as the Devon North Town State Bank on September 15, 1945, just after the end of World War II. Our founders were local merchants who believed that the community known then as North Town, on Chicago’s North Side, would benefit from a community bank. Today, well over seven decades later, Devon Bank remains an independent community bank with deep roots in our communities and with the dedicated customer commitment envisioned by our founders. Primarily owned and operated by the Loundy family since 1953, Devon Bank has grown and changed...
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Having lived through The Great Recession at Devon Bank, and seen what that recession did to our communities, our competitors, and our own institution, this time, we have tried to get out ahead of people’s needs to help where we can and to be a leader of the recovery. As people decide where to work and where to bank we hope they will choose us. Because we care.
David Loundy
Chairman of the Board of Directors