Bank Closure

Closed Sign

Bank With Strong Ties To Hispanic Community Closes Doors

A savings and loan with strong ties to Chicago’s Hispanic community has become the 38th bank nationwide this year to fail.


Closed Sign

FDIC Takes Control Of Wilmette-Based Bank

Premier Bank has become the third Illinois bank to fail this year, and the second this month. State regulators worked with the bank for months in an attempt to save it.


State regulators have closed New City Bank, located at 900 S. Michigan Av. (Credit: CBS)

Regulators Close New City Bank

The failure Friday of New City Bank has left depositors in limbo, but it won’t last for long.


Alexi Giannoulias (Photo by Brian Kersey/Getty Images)

Feds: Loans Took Down Giannoulias Family Bank

Federal investigators say the issuance of too many real estate loans was the cause of the demise of Broadway Bank.