Country Bank, Aledo, IL, Becomes 8th Illinois Banking Failure

An Illinois bank that still owed $4 million to the U.S. Treasury under the TARP program was closed today in Illinois.  Country Bank, Aledo, IL, was closed by state regulators who appointed the FDIC as receiver.  The failed bank was sold by the FDIC to Blackhawk Bank & Trust, Milan, IL, which will assume all […]