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First Suburban National Bank of Illinois Closed By Regulators

October 22, 2010 By Bill Zielinski Leave a Comment

October 22, 2010 – First Suburban National Bank, Maywood, Illinois, was closed today by the Office of the Comptroller of the Currency (OCC), which appointed the FDIC as receiver. The OCC, in its press release stated that “The OCC acted after finding that the bank had experienced substantial dissipation of assets and earnings due to […]

Filed Under: Bank Failure, Banking News, Failed Banks, FDIC, Financial Crisis, Problem Bank List, problem banks Tagged With: 137th banking failure hits Illinois, First Suburban Bank fails, Seaway Bank acquires failed bank

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