Troubled Premier Bank of Wilmette, IL, was closed today by state regulators. The FDIC, named as receiver, sold the failed bank to International Bank of Chicago, Chicago, IL, which will assume all deposits of failed Premier Bank. Premier’s two branches will reopen Saturday as branches of International Bank and all Premier depositors will automatically become […]
Premier Bank, Wilmette, IL, Closed by Regulators, 15th Banking Failure of 2012
March 23, 2012 By Leave a Comment
All American Bank, Des Plaines, IL, Closed By Regulators
October 28, 2011 By 1 Comment
All American Bank, Des Plaines, Illinois, was closed by the State of Illinois, which appointed the FDIC as receiver. The FDIC sold the failed bank to International Bank of Chicago. Under a purchase and assumption agreement, International Bank will assume all deposits and purchase all assets of failed All American Bank. All American Bank, established […]