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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
Oct 7, 2017 Arthur Bancshares Corp. Hometown Community Bancorp, Inc.
Oct 7, 2017 State Bank of Arthur Morton Community Bank
Oct 2, 2017 Mid Illinois Bancorp, Inc. First Busey Corporation
Oct 2, 2017 I E C Federal Credit Union Cooperative Choice Network Credit Union
Oct 1, 2017 Electric Energy Inc. Employees Credit Union Vibrant Credit Union
Oct 1, 2017 First Insurance Funding Corp. of California Lake Forest Bank & Trust Company, N.A.
Oct 1, 2017 First Insurance Funding Corporation Lake Forest Bank & Trust Company, N.A.
Oct 1, 2017 D'Puc Credit Union Credit Union 1
Sep 2, 2017 Centrue Bank Midland States Bank
Sep 1, 2017 Peru Municipal Credit Union Illinois Valley Credit Union
Sep 1, 2017 Madco Credit Union 1st Midamerica Credit Union
Jul 22, 2017 Bank of Modesto Warren-Boynton State Bank
Jul 8, 2017 The First National Bank & Trust Company of Rochelle Central Bank Illinois
Jul 3, 2017 First Community Financial Partners, Inc. First Busey Corporation
Jul 1, 2017 Encore Federal Credit Union Consumers Credit Union
Jul 1, 2017 First Illinois Credit Union Vibrant Credit Union
Jun 24, 2017 Farmers State Bank of Camp Point United Community Bank
Jun 24, 2017 Illini Bank United Community Bank
Jun 23, 2017 Privatebancorp, Inc. CIBC Bancorp USA Inc.
Jun 19, 2017 Capaha Bank, SB Southern Bank
Jun 19, 2017 Tammcorp, Inc. Southern Missouri Bancorp, Inc.
Jun 10, 2017 Centrue Financial Corporation Midland States Bancorp, Inc.
May 1, 2017 Henry State Bank Midamerica National Bank
Apr 22, 2017 Prospect Federal Savings Bank Hoyne Savings Bank
Apr 1, 2017 First Illinois Bank Lindell Bank & Trust Company
Mar 18, 2017 First Clover Leaf Bank, National Association First Mid Bank & Trust, N.A.
Feb 27, 2017 Moultrie Bancorp, Inc. Sullivan Bancshares, Inc.
Feb 27, 2017 Hardware State Bank First Community Bank of Moultrie County
Feb 4, 2017 Standard Bank and Trust Company First Midwest Bank
Feb 1, 2017 Danville Bell Credit Union Credit Union 1
Jan 14, 2017 First National Bank in Georgetown Longview Bank and Trust
Jan 10, 2017 Standard Bancshares, Inc. First Midwest Bancorp, Inc.
Jan 1, 2017 Champaign Municipal Employees Credit Union Credit Union 1
Dec 14, 2016 Salt Creek Credit Union Vibrant Credit Union
Nov 19, 2016 First Community Financial Corporation Wintrust Financial Corporation
Nov 19, 2016 First Community Bank St. Charles Bank & Trust Company, N.A.
Nov 12, 2016 Marine Bank and Trust United Community Bank
Nov 12, 2016 Brown County State Bank United Community Bank
Nov 1, 2016 A C Jaacks Credit Union Illiana Financial Credit Union
Oct 12, 2016 Ottawa Savings Bancorp, MHC Ottawa Bancorp, Inc.
Oct 12, 2016 Ottawa Savings Bancorp, Inc. Ottawa Bancorp, Inc.
Oct 1, 2016 Sumner National Bank of Sheldon Iroquois Farmers State Bank
Sep 9, 2016 First Clover Leaf Financial Corp First Mid Bancshares, Inc.
Sep 2, 2016 Bridgeview Bank Mortgage Company, LLC Bridgeview Bank Group
Sep 1, 2016 Jeff-Co Schools Federal Credit Union Kaskaskia Valley Credit Union
Aug 25, 2016 American Chartered Bank MB Financial Bank, National Association
Aug 25, 2016 American Chartered Bancorp, Inc. MB Financial, Inc.
Aug 1, 2016 Harvard Savings Bank First Secure State Bank
Jul 9, 2016 Heritage Bank of Central Illinois Morton Community Bank
Jul 1, 2016 Oak Trust Credit Union Northstar Credit Union

The list holds the 500 most recent of 2,820 mergers.

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