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First Choice Bank of Geneva, IL, Closed By Regulators

August 19, 2011 By Problem Bank List Staff Leave a Comment

First Choice Bank, Geneva, Illinois, was closed by State regulators who appointed the FDIC as receiver.  The FDIC sold the failed bank to Inland Bank & Trust, Oak Brook, IL, which will assume all the deposits of the failed bank. First Choice Bank, a community bank with $141 million in assets was founded at the […]

Filed Under: Bank Failure, Banking News, Failed Banks, FDIC, featured, problem banks Tagged With: 67th bank failure, banking failure, failed bank, First Choice Bank, Inland Bank & Trust, problem bank

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