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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
Jun 25, 1982 Farmers State BK of Lewiston Lewiston $30.9M Farmers STB of Fulton Co
May 1, 1982 Coles County National Bank of Charleston Charleston $26.8M Eagle Bank of Charleston
Feb 20, 1982 Talman Home, FS&LA Chicago $3.40B Talman Home, FS&LA
Feb 6, 1982 The First National Bank and Trust Company Tuscola $22.1M First NB of Douglas Coun
May 18, 1981 Economy S&LA Chicago $73.9M —
Mar 14, 1981 The Des Plaines Bank Des Plaines $46.5M —
Mar 14, 1981 South Side Bank Chicago $27.5M Drexel National Bank
Oct 11, 1980 The Rochelle BK & TR Co. Rochelle $8.4M United Bank of Rochelle
Jul 14, 1979 Gateway National Bank Chicago $16.9M —
Jul 14, 1979 The Guaranty Bank & Trust Company Chicago $7.9M —
Dec 16, 1978 North Point State Bank Arlington $26.5M —
Jan 19, 1978 The Drovers' National Bank of Chicago Chicago $226.8M —
Jul 12, 1975 State Bank of Clearing Chicago $74.4M —
Feb 17, 1971 Farmers State Bank of Carlock Carlock $2.2M —
Aug 20, 1969 First National Bank of Ursa Ursa $2.1M —
Aug 23, 1963 Chatham Bank of Chicago Chicago $19.1M —
May 24, 1963 The First Bank of Westmont Westmont $7.1M —
May 26, 1953 First State Bank of Elmwood Park Elmwood Park $17.5M —
May 5, 1952 Camden State Bank Camden $838K —
Aug 14, 1950 The Farmers First National Bank of Minooka Minooka $1.3M —
Jan 25, 1947 The First National Bank of Lemont Lemont $1.7M —
Apr 2, 1943 Farmers State Bank of Cullom Cullom $439K —
Jan 29, 1941 First State Bank & Trust Co. of Indianola Indianola $195K —
Aug 30, 1939 Rardin State Bank Rardin — —
Aug 28, 1939 First State Bank of O'Fallon O'Fallon $50K —
Apr 14, 1939 Bank of Brussels Brussels — —
Apr 9, 1938 The City National Bank of Harrisburg Harrisburg — —
Jan 26, 1938 Belleville Bank & Trust Company Belleville — —
Nov 24, 1937 First State Bank of Cobden Cobden — —
Oct 18, 1937 State Bank of Mundelein Mundelein — —
Sep 8, 1937 Roanoke State Bank Roanoke $265K —
May 27, 1937 The Farmers National Bank of Grayville Grayville — —
Mar 26, 1937 Rio State Bank Rio $384K —
Jun 17, 1936 The Peoples State Bank of Flat Rock Flat Rock — —
May 28, 1934 Fon Du Lac State Bank East Peoria $374K —

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