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New City Bank, Chicago, IL, Closed By Regulators, FDIC Fails To Find Buyer

March 9, 2012 By Problem Bank List Staff 1 Comment

New City Bank, Chicago, Illinois, is the second bank to fail in Illinois this year.  The insolvent bank was closed by the Illinois Department of Financial and Professional Regulation and the FDIC was named as receiver.  The FDIC was unable to find a buyer for the failed bank, the second time this has happened in […]

Filed Under: Bank Failure, Banking News, Failed Banks, FDIC, featured, problem banks Tagged With: bank failure, banking failures, failed bank, New City Bank, problem bank

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