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Valley Community Bank of Illinois Closed By Regulators

February 25, 2011 By Craig Stahl Leave a Comment

Valley Community Bank, St. Charles, Illinois, joined the failed bank list today as the Illinois Department of Financial and Professional Regulation swooped in to close the bank.  The FDIC was appointed as receiver to protect depositors and sold the failed bank to First State Bank, Mendota, Illinois, which will assume all deposits of Valley Community. […]

Filed Under: Bank Failure, Banking News, Failed Banks, featured, problem banks Tagged With: bank failure #23, failed bank, First State Bank of Illinois, Valley Community Bank

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