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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
Jan 11, 2020 Pacific Global Bank Royal Business Bank
Jan 11, 2020 PGB Holdings, Inc. RBB Bancorp
Dec 18, 2019 Farmers State Bank of Danforth First Trust Bank of Illinois
Dec 18, 2019 Prairie State Bancorp, Inc. First Trust Financial Corp.
Dec 7, 2019 First Trust & Savings Bank of Albany, Illinois Morton Community Bank
Dec 1, 2019 Rockford Bank and Trust Company Illinois Bank & Trust
Dec 1, 2019 Waukegan Municipal Employees Credit Union Consumers Credit Union
Nov 1, 2019 Lauhoff Employees Credit Union Landmark Credit Union
Nov 1, 2019 Countryside Bank Hinsdale Bank & Trust Company, N.A.
Nov 1, 2019 SBC, Incorporated Wintrust Financial Corporation
Oct 26, 2019 Columbia National Bank FCB Banks
Oct 19, 2019 HomeStar Bank and Financial Services Midland States Bank
Oct 7, 2019 STC Bancshares Corp. Wintrust Financial Corporation
Oct 7, 2019 STC Capital Bank St. Charles Bank & Trust Company, N.A.
Oct 5, 2019 The Bank of Edwardsville Busey Bank
Aug 31, 2019 Cosmopolitan Federal Credit Union Israel Methcomm Federal Credit Union
Aug 31, 2019 Champaign Postal Credit Union University of Illinois Community Credit Union
Aug 31, 2019 School District 162/163 Employees Federal Credit Union Illiana Financial Credit Union
Aug 27, 2019 MB Financial, Inc. Fifth Third Bancorp
Aug 12, 2019 Antioch M B Federal Credit Union 1st Midamerica Credit Union
Aug 1, 2019 North Side Community Federal Credit Union Great Lakes Credit Union
Jul 20, 2019 The First National Bank of McHenry Blackhawk Bank
Jul 18, 2019 Homestar Financial Group, Inc. Midland States Bancorp, Inc.
Jul 16, 2019 Golden Eagle Community Bank Advia Credit Union
May 24, 2019 Rush-Oak Corporation Wintrust Financial Corporation
May 24, 2019 Oak Bank Wintrust Bank, N.A.
May 15, 2019 Motor Coach Employees Credit Union Catholic and Community Credit Union
May 11, 2019 Bridgeview Bank Group First Midwest Bank
May 10, 2019 Bridgeview Bancorp, Inc. First Midwest Bancorp, Inc.
May 4, 2019 MB Financial Bank, National Association Fifth Third Bank, N.A.
May 1, 2019 Urbana Postal Credit Union University of Illinois Community Credit Union
May 1, 2019 Oak Park River Forest Bankshares, Inc. Byline Bancorp, Inc.
May 1, 2019 Community Bank of Oak Park River Forest Byline Bank
Apr 6, 2019 Mercantile Bank United Community Bank
Apr 6, 2019 Soy Capital Bank and Trust Company First Mid Bank & Trust, N.A.
Apr 1, 2019 Allsteel Credit Union Fox Valley Credit Union
Apr 1, 2019 Gateway Banc Corp. McLaughlin Holding Company
Apr 1, 2019 Gateway Community Bank SENB Bank
Mar 16, 2019 Mwabank Axos Bank
Mar 1, 2019 First McHenry Corporation Blackhawk Bancorp, Inc.
Feb 16, 2019 Jacksonville Savings Bank CNB Bank and Trust, N.A.
Feb 1, 2019 The Banc Ed Corp. First Busey Corporation
Jan 28, 2019 Urban Partnership Bank Providence Bank & Trust
Jan 24, 2019 Ajs Bancorp, Inc. Finward Bancorp
Jan 24, 2019 A J Smith Federal Savings Bank Peoples Bank
Jan 1, 2019 Lincoln S.B. Corp. HBT Financial, Inc.
Jan 1, 2019 First Security Credit Union Vicinity Credit Union
Dec 31, 2018 Inland Condo Investor Loan Corp. Inland Bancorp, Inc.
Dec 31, 2018 Inland Bancorp Mortgage Group, Inc. Inland Bancorp, Inc.
Dec 31, 2018 Inland High Leverage Capital Corporation Inland Bancorp, Inc.