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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
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.