Relevant:
- Imploded: First Chicago Bank & Trust, Chicago, Illinois
- Imploded: Midwest Bank and Trust Company, Elmwood Park, Illinois
- Imploded: Palos Bank and Trust Company, Palos Heights, Illinois
- Imploded: Citizens Bank&Trust Company Of Chicago, Chicago, Illinois
- Imploded: First Guaranty Bank and Trust Company of Jacksonville, Jacksonville, Florida
2010-04-23 — bankimplode.com
Peotone Bank and Trust Company, Peotone, Illinois, was imploded by the FDIC. The agency estimates that the cost to the Deposit Insurance Fund (DIF) will be $31.7 million. Peotone Bank and Trust Company is the 56th FDIC-insured institution to fail in the nation this year, and the ninth in Illinois. Read our full coverage here.
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