4.24.2010

FDIC shuts down 7 banks in Illinois

Read entire article here:

"The Federal Deposit Insurance Corp. took over four banks in Chicago: New Century Bank (CBAO), with $485.6 million in assets; Citizens Bank (CZMO)&Trust Company, with $77.3 million in assets; Broadway Bank, with $1.2 billion in assets; and Lincoln Park Savings Bank, with $199.9 million in assets.
The FDIC also took over Amcore Bank of Rockford, which had $3.8 billion in assets; Peotone Bank and Trust Company in Peotone, with $130.2 million in assets; and Wheatland Bank of Naperville, with $437.2 million in assets."

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