Northern States Financial Corporation operates as the bank holding company for NorStates Bank that provides retail and commercial banking services to individuals, businesses, and local governmental units in northeastern Illinois and southeastern Wisconsin. It accepts a range of deposit products, including demand deposit checking, negotiable order of withdrawal, money market, savings, time deposit, and individual retirement accounts. The company also offers commercial and consumer loans to corporations, partnerships, and individuals, including commercial business loans, such as lines of credit for working capital purposes, and term loans for the acquisition of equipment and other purposes; commercial and residential real estate construction and mortgage loans; revolving lines of credit and letters of credit; consumer loans consisting of loans for motor vehicles and home improvement, home equity loans, unsecured loans, and small personal credit lines; and installment loans and overdraft checking. In addition, it provides safe deposit, trust, traveler’s checks sales, money orders, cashier’s checks and foreign currency, and direct deposit services. The company operates through its main office in Waukegan, Illinois; and seven branches in Lake County, Illinois. Northern States Financial Corporation was founded in 1919 and is based in Waukegan, Illinois.

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