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FDIC Finds No Buyer For Failed Arcola Homestead Savings of Illinois

June 4, 2010 By Bill Zielinski Leave a Comment

June 4, 2010 – Arcola Homestead Savings Bank, Arcola, IL became the 80th banking failure of 2010 after the bank was closed by the Illinois Department of Financial Professional Regulation.  Illinois has now had 12 banking failures this year, trailing only Florida with 13 banking failures. The FDIC, appointed as receiver for the failed bank, […]

Filed Under: Bank Failure, Banking News, Failed Banks, FDIC, problem banks Tagged With: Arcola Homestead fails - customers wait for checks from FDIC

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