Skip to main content

State Hub

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
→
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
Oct 1, 2021 Romeoville Community Credit Union Canals & Trails Credit Union
Oct 1, 2021 Mackinaw Valley Financial Services, Inc. First Bancorp of Taylorville, Inc.
Sep 1, 2021 Fairmont Village Credit Union Revity Credit Union
Sep 1, 2021 South Division Credit Union Scott Credit Union
Aug 21, 2021 The First National Bank Washington Savings Bank
Aug 14, 2021 Glenview State Bank Busey Bank
Jul 31, 2021 Durand Bancorp, Inc. High Point Financial Services, Inc.
Jul 10, 2021 Rochester State Bankshares, Inc. Evergreen Bancshares, Inc.
Jul 10, 2021 Rochester State Bank American Bank of Freedom
Jul 1, 2021 C T a C and M Federal Credit Union 77th Street Depot Federal Credit Union
Jun 15, 2021 Electrogas Credit Union Altonized Community Federal Credit Union
Jun 1, 2021 Leyden Credit Union Partnership Financial Credit Union
Jun 1, 2021 Cummins-American Corp. First Busey Corporation
May 1, 2021 Wenona State Bank Eureka Savings Bank
Apr 9, 2021 Wonder Bancorp, Inc. First Secure Bank Group, Inc.
Apr 1, 2021 First Farmers State Bank Bank of Pontiac
Feb 28, 2021 Canaan Credit Union University of Illinois Community Credit Union
Feb 27, 2021 Reynolds State Bank Peoples National Bank of Kewanee
Feb 6, 2021 Farmers & Mechanics Bank CBI Bank & Trust
Jan 1, 2021 Northstar Credit Union Numark Credit Union
Jan 1, 2021 State Bank of Lincoln Heartland Bank and Trust Company
Dec 1, 2020 Heritage State Bank The First National Bank of Carmi
Oct 21, 2020 American Eagle Bank of Chicago American Eagle Bank
Oct 17, 2020 Hoyne Interim Bank Hoyne Savings Bank
Oct 1, 2020 CSX Chicago Terminal Credit Union A C M E Continental Credit Union
Sep 19, 2020 The Poplar Grove State Bank Solutions Bank
Sep 1, 2020 Tazewell County Government Employees Credit Union Kemba Peoria Credit Union
Aug 1, 2020 I R S E Credit Union Cooperative Choice Network Credit Union
Aug 1, 2020 Glenview Credit Union Partnership Financial Credit Union
Jul 18, 2020 South Porte Bank Southerntrust Bank
Jul 18, 2020 Southerntrust Bancshares, Inc South Porte Financial Inc.
Jul 15, 2020 C and N W Proviso Credit Union Encurage Financial Network
Jun 29, 2020 Best Hometown Bank First National Bank of Waterloo
Jun 8, 2020 Merrill Lynch MBP Inc. Bank of America Corporation
Jun 8, 2020 ML Employees Lbo Managers, Inc. Bank of America Corporation
Jun 8, 2020 Kecalp, Inc. Bank of America Corporation
Jun 8, 2020 Merrill Lynch GP Inc. Bank of America Corporation
Jun 8, 2020 Merrill Lynch Capital Partners, Inc. Bank of America Corporation
Jun 1, 2020 Andigo Credit Union Consumers Credit Union
May 5, 2020 Northwest Equity Corp. First Equity Corp.
May 5, 2020 1st Equity Bank Northwest 1st Equity Bank
May 1, 2020 Ben Franklin Bank of Illinois Alero Financial Credit Union
May 1, 2020 Saint James Hospital Employees Federal Credit Union Illiana Financial Credit Union
Mar 21, 2020 H. F. Gehant Banking Co. First State Bank
Mar 21, 2020 H.F. Gehant Bancorp, Inc. Tri-County Financial Group, Inc.
Feb 15, 2020 First Staunton Bancshares, Inc. Associated Banc-Corp
Feb 15, 2020 The First National Bank in Staunton Associated Bank, N.A.
Feb 6, 2020 Best Hometown Bancorp, Inc. First Waterloo Bancshares, Inc.
Feb 1, 2020 Parish Members Credit Union Cooperative Choice Network Credit Union
Jan 11, 2020 South Central Bank, N.A. Verve a Credit Union