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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
May 1, 2023 Kemba Peoria Credit Union Gale Credit Union
Apr 1, 2023 Bank of Montgomery Waterman Bank
Apr 1, 2023 Pioneer State Bank Numark Credit Union
Apr 1, 2023 Butler Point, Inc. Fisher Bancorp, Inc.
Apr 1, 2023 First State Bank of Bloomington First State Bank and Trust
Apr 1, 2023 Montgomery Bancshares, Inc. Waterman Acquisition Group, LLC
Feb 1, 2023 Community Bancshares, Inc. Bradford Bancorp, Inc.
Feb 1, 2023 Town and Country Financial Corporation HBT Financial, Inc.
Feb 1, 2023 Town And Country Bank Heartland Bank and Trust Company
Feb 1, 2023 Community Trust Bank The Bradford National Bank of Greenville
Jan 21, 2023 First Savanna Savings Bank Citizens State Bank
Jan 1, 2023 Lincolnway Community Bank Covantage Credit Union
Dec 31, 2022 Shiloh Baptist Federal Credit Union Gideon Federal Credit Union
Dec 3, 2022 Illinois Bank & Trust HTLF Bank
Dec 1, 2022 Village Bancshares, Inc First Waterloo Bancshares, Inc.
Oct 5, 2022 Allied First Bancorp, Inc. Servbanc Holdco, Inc.
Oct 1, 2022 Citizens Bancshares, Inc. CSB Financial Holdings, Inc.
Oct 1, 2022 Western Illinois Credit Union Credit Union 1
Oct 1, 2022 Quad Cities Postal Credit Union Gas and Electric Credit Union
Oct 1, 2022 Citizens First State Bank of Walnut Community State Bank
Sep 24, 2022 Community Banks of Shelby County United Fidelity Bank, FSB
Sep 1, 2022 Prairieland Federal Credit Union University of Illinois Community Credit Union
Aug 1, 2022 Champaign County Schools Employees Credit Union Illinois Educators Credit Union
Jul 30, 2022 Midwest Community Bank Greenstate Credit Union
Jul 1, 2022 The Bank of Carbondale First Southern Bank
Jun 18, 2022 Tempo Bank Scott Credit Union
Jun 18, 2022 Glasford State Bank Better Banks
Jun 1, 2022 Sourceone Credit Union Credit Union 1
May 1, 2022 New Horizon Credit Union University of Illinois Community Credit Union
May 1, 2022 The Leaders Bank Providence Bank & Trust
Apr 2, 2022 State Bank of Cerro Gordo State Bank of Bement
Apr 1, 2022 Adm Credit Union United Equity Credit Union
Mar 14, 2022 TNB Bank Trustbank
Feb 16, 2022 First Midwest Bank Old National Bank
Feb 16, 2022 First Midwest Bancorp, Inc. Old National Bancorp
Jan 31, 2022 Royal Financial, Inc. Finward Bancorp
Jan 31, 2022 Royal Savings Bank Peoples Bank
Jan 29, 2022 Durand State Bank Solutions Bank
Jan 5, 2022 State Bank of Saunemin State Bank of Graymont
Jan 1, 2022 Oxford Bank & Trust Greenstate Credit Union
Dec 31, 2021 One Mortgage Partners Corp. JPMorgan Chase Bank, N.A.
Dec 4, 2021 Texico State Bank Legence Bank
Dec 1, 2021 West Suburban Bank Old Second National Bank
Dec 1, 2021 West Suburban Bancorp, Inc. Old Second Bancorp, Inc.
Nov 16, 2021 TNB Bancorp, Inc. Rich Land Bancorp, Inc.
Nov 1, 2021 Silgan White Cap Credit Union Healthcare Associates Credit Union
Nov 1, 2021 Processors - Industrial Community Credit Union Midwest Members Credit Union
Oct 5, 2021 First Choice Credit Union Illinois State Credit Union
Oct 2, 2021 Firstate Bancorp, Inc. Ac Bancorp, Inc.
Oct 2, 2021 1st State Bank of Mason City Alliance Community Bank