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Bank Events in Illinois

Every FDIC-insured bank failure, merger or acquisition involving a bank, credit union or bank holding company, and regulatory enforcement action affecting banks headquartered in Illinois (IL).

185
Failures
2,820
Mergers
672
Enforcement
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Bank Directory
All Illinois banks

Failures in Illinois

Date Bank City Assets Acquirer or resolution
Jan 18, 1990 Frontier Federal Savings Bank Belleville $45.3M Union Bank of E. St. Louis
Jan 11, 1990 Horizon Savings Bank, FSB Wilmette $1.22B Branch sale
Jan 11, 1990 St. Charles FSA St. Charles $146.5M Old Kent Bank, N.A.
Dec 7, 1989 Arlington Heights Savings Assoc. Arlington Heights $509.1M Citibank FSB
Nov 9, 1989 Fidelity Federal Savings Assoc. Galesburg $393.8M First Bank, a SB
Nov 9, 1989 Crest Federal S & L Kankakee $137.1M Branch sale
Sep 7, 1989 Citizens S & La of Springfield Springfield $89.3M Magna Bank of Springfield
Aug 24, 1989 Heritage Savings Assoc. Jerseyville $32.9M Carrollton B&TC
Aug 17, 1989 Security Fed. S & L Assoc. Peoria $318.3M First Financial Bank, FSB
Aug 17, 1989 Black Hawk S & L Assoc. Rock Island $71.8M American Bank of Rock Islan
Jul 20, 1989 Peoples S & L Assoc. Streator $46.3M Branch sale
Jun 29, 1989 Amerimac Savings Bank, FS Hillsboro $29.6M Security SB, FSB
Apr 6, 1989 Libertyville Fed. S & L Assoc. Libertyville $101.0M Harris Bank Libertyville
Apr 6, 1989 First Fed. Savings Bank East Alton $55.6M Illinois State B&T
Mar 16, 1989 Skokie FS & La Skokie $1.00B Affiliated BANK/NO. Shore N
Mar 16, 1989 Home Savings Fsla Joliet $140.6M First Midwest Bank/Il, N.A.
Mar 16, 1989 Madison County Fed. S & L Assoc. Granite City $132.2M First Bank of Illinois
Mar 16, 1989 Midwest Home FSB Belleville $123.6M UMB First NB
Mar 16, 1989 Midwestern Sa Macomb $110.7M Union NB of Macomb
Mar 16, 1989 Illinois Savings Bank Peoria $78.0M Heart of Il Bank, FSB
Mar 16, 1989 American Security FS & La Chicago $67.2M Marquette NB
Mar 16, 1989 Chillicothe Fed. S & L Assoc. Chillicothe $51.0M Southside Trust & SB of Peo
Mar 16, 1989 Home FS & La of Centralia Centralia $47.6M Magna Bank of Centralia
Mar 16, 1989 First Savings of America FS & La Orland Park $23.5M St. Paul FB for Savings
Feb 24, 1989 Mid-State S&LA Champaign $28.4M —
Feb 17, 1989 Concordia Federal Bank for Savings Lansing $468.8M Advance FB for Savings
Nov 4, 1988 MT. Zion State Bank Mount Zion $26.4M Mount Zion State B&T Co
Feb 27, 1987 The Lewistown Bank Lewistown $15.3M National Bank of Canton
Feb 13, 1987 Life Savings of America Rockford $342.3M —
Jan 9, 1987 State Bank of Cuba Cuba $18.3M National Bank of Canton
Dec 12, 1986 First Savings of America Orland Park $47.0M —
Aug 20, 1986 Mendon State Bank Mendon $18.9M First Midwest Bank Quinc
Jul 25, 1986 Central Illinois S&LA Virden $47.6M —
Aug 9, 1985 State Bank of Farmersville Farmersville $12.0M Litchfield Bank&trust Co
Mar 15, 1985 Taylor State Bank Emington $5.0M First NB of Dwight
Dec 22, 1984 First Security Bank Sandwich $13.4M First NB of Sandwich
Jul 12, 1984 The Coffeen National Bank Coffeen $9.4M Coffeen State Bank
May 18, 1984 Washington Nat BK of Chicago Chicago $14.1M Banco Popular de Puerto
Apr 26, 1984 United of America Bank Chicago $38.1M Mid-City NB of Chicago
Feb 8, 1984 Heritage Bank of Bureau County Depue $8.7M Colonial T&SB of Bureau
Nov 25, 1983 Atkinson Trust & Savings Bank Atkinson $21.1M —
Aug 5, 1983 The First Nat BK of Danvers Danvers $12.5M First State Bank of Danv
Jul 8, 1983 Antioch S&LA Antioch $57.9M —
Jul 8, 1983 Union Nat BK of Chicago Chicago $26.3M —
Apr 29, 1983 First Nat BK of Oak Lawn Oak Lawn $130.3M Oak Lawn National Bank
Apr 8, 1983 The Ina State Bank Ina $17.7M First B&T Co Mt Vernon
Feb 12, 1983 American State Bank Bradley $14.1M Midwest T&SB of Bradley
Feb 3, 1983 Manning S&LA Chicago $78.7M —
Oct 8, 1982 Tri-State Bank Markham $16.3M —
Aug 27, 1982 Security BK & TR Company Cairo $12.0M First Bank&trust Co

Mergers & Acquisitions involving Illinois banks

Date Acquired (IL) Acquirer
Apr 1, 2025 First Security Bancorp, Inc. Byline Bancorp, Inc.
Apr 1, 2025 BMO Harris Financial Advisors, Inc. BMO Bank N.A.
Mar 15, 2025 United Community Bancshares, Inc. Smartbiz Bancshares, Inc.
Mar 10, 2025 Bank of Gibson City Longview Community Bank
Jan 2, 2025 Oakdale State Bank Murphy-Wall State Bank and Trust Company
Jan 1, 2025 Main Street Bancorp, Inc. 1870 Holdings, Inc.
Jan 1, 2025 Chicago Municipal Employees Credit Union Great Lakes Credit Union
Jan 1, 2025 Illinois Community Credit Union Credit Union 1
Jan 1, 2025 American Bancorp of Illinois, Inc. Solvtrust Financial Corp.
Dec 1, 2024 Kane County Teachers Credit Union Consumers Credit Union
Dec 1, 2024 MB Financial Center LLC Fifth Third Bank, N.A.
Dec 1, 2024 MB Financial Center Land Owner LLC Fifth Third Bank, N.A.
Dec 1, 2024 Ashland Management Agency, LLC Fifth Third Bank, N.A.
Nov 30, 2024 Guardian Savings Bank Community Partners Savings Bank
Nov 1, 2024 School District 218 Employees Federal Credit Union Credit Union 1
Nov 1, 2024 Tazewell County School Employees Credit Union Cooperative Choice Network Credit Union
Oct 11, 2024 The First National Bank of Beardstown Petefish, Skiles & Company
Oct 1, 2024 Rockford Bell Credit Union Consumers Credit Union
Oct 1, 2024 West Town Bank & Trust Capital Bank, N.A.
Oct 1, 2024 Northside Community Bank Advia Credit Union
Sep 1, 2024 McHenry Savings Bank Michigan State University Federal Credit Union
Sep 1, 2024 Algonquin State Bank Michigan State University Federal Credit Union
Jul 1, 2024 Peoples Energy Credit Union Earthmover Credit Union
Jun 22, 2024 Merchants and Manufacturers Bank Busey Bank
Jun 1, 2024 Encurage Financial Network Great Lakes Credit Union
May 25, 2024 Security Bancshares, Inc. LBT Bancshares, Inc.
May 25, 2024 Security National Bank Bank & Trust Company
May 18, 2024 Arcola First Bank Peoples Bank & Trust
Apr 1, 2024 Merchants and Manufacturers Bank Corporation First Busey Corporation
Jan 27, 2024 Farmers-Merchants Bank of Illinois Merchants Bank of Indiana
Jan 1, 2024 Kankakee Terminal Belt Credit Union Credit Union 1
Jan 1, 2024 Decatur Medical Dental Credit Union United Equity Credit Union
Dec 12, 2023 North Adams Bancshares, Inc. Liberty Bancorporation, Inc.
Nov 11, 2023 Nokomis Savings Bank Land of Lincoln Credit Union
Nov 1, 2023 First Savings Bank The Hometown Savings Bank
Nov 1, 2023 Swedish American Federal Credit Union Membersalliance Credit Union
Oct 21, 2023 SENB Bank CBI Bank & Trust
Oct 21, 2023 McLaughlin Holding Company Central Bancshares, Inc.
Aug 28, 2023 Longview Bank and Trust Longview Bank
Aug 1, 2023 Federal Life Employees Credit Union Northwest Community Credit Union
Jul 22, 2023 Colchester State Bank Land of Lincoln Credit Union
Jul 17, 2023 The Village Bank First National Bank of Waterloo
Jul 13, 2023 I W U Federal Credit Union Illinois State Credit Union
Jul 1, 2023 Inland Bancorp, Inc. Byline Bancorp, Inc.
Jul 1, 2023 Inland Bank and Trust Byline Bank
Jun 24, 2023 Catlin Bank The Fisher National Bank
Jun 10, 2023 Marine Bank Morton Community Bank
Jun 10, 2023 Marine Bancorp, Inc. Hometown Community Bancorp, Inc.
Jun 1, 2023 Bank of Chestnut Longview Community Bank
May 13, 2023 Wabash Savings Bank The First National Bank of Allendale