Devon Bank: Detailed Company Information & Corporate Profile
Summary
Devon Bank, established in 1945, operates out of Chicago, IL, serving the financial services sector with a focus on small‑business lending and mortgage solutions.
The institution offers SBA 504 financing, full‑service mortgages, personal and business banking products, and a dedicated trust department to meet diverse client needs.
With 100–200 employees and annual revenue between $50 million and $100 million, Devon remains an independent company. Leadership includes Vice Presidents Linda Elmoustaquim and Syed Khurrum, Chief Financial Officer William Schaefer, and specialists such as YASSINE TAHRI (mortgage finance) and Ahmed Farhan Lutfi (Islamic finance).
| Devon Bank Website | DevonBank.com |
| Social Links |    |
| Phone Number | 1-773-465-2500 |
| Industries | |
| Devon Bank Headquarters Address | 6445 N. Western Ave., Chicago, IL, 60645 US |
| Company Size | 100-200 employees |
| Specialities & Services | Small Business Loans, SBA 504, Mortgages, Full Service Trust Department, Personal and Business Banking |
| SIC Code | 6199 |
| DMA Code | Chicago Metropolitan Area |
| Founded | 1945 |
| Estimated Annual Revenue | $50M - 100M |
| Operating Status | Independent Company |
| Updated: | 2026-10-12 |
Competitors
Name | Founded | Type | Employees |
|---|---|---|---|
| 1889 | Privately Held | 200-500 | |
| 1855 | Privately Held | 25 - 100 |
Workforce Turnover
Number of employees switched from or switched to
Departmental sample breakdown
Length of Employment
Devon Bank's workforce includes employees across a wide range of tenure levels.
2% have been with the company for less than 1 year12% have been with the company for 1 to 2 years4% have been with the company for 3 to 4 years10% have been with the company for 5 to 7 years10% have been with the company for 8 to 10 years63% have been with the company for more than 11 years
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Devon Bank Corporate Information: FAQ
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