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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
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