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Ravenswood Bank of Chicago Closed By State Of Illinois

August 6, 2010 By Bill Zielinski 4 Comments

August 6, 2010 – Ravenswood Bank, Chicago, Illinois, was closed today by the Illinois Department of Financial and Professional Regulation – Division of Banking.   The FDIC was appointed as receiver and entered into an agreement with Northbrook Bank and Trust Company, Northbrook, Illinois, to take over the failed bank. All deposits of failed Ravenswood Bank […]

Filed Under: Bank Failure, Failed Banks, FDIC, featured, Financial Crisis, problem banks Tagged With: Ravenswood Bank fails, Wintrust Financial acquires failed Ravenswood Bank, Wintrust Financial buys second failed bank

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