Relevant:
- Imploded: Peotone Bank and Trust Company, Peotone, Illinois
- Imploded: First Chicago Bank & Trust, Chicago, Illinois
- Imploded: Citizens Bank&Trust Company Of Chicago, Chicago, Illinois
- Imploded: Midwest Bank and Trust Company, Elmwood Park, Illinois
- Imploded: Western Springs National Bank and Trust, Western Springs, Illinois
2010-08-13 — bankimplode.com
Palos Bank and Trust Company, Palos Heights, Illinois, became the 110th bad bank to be shuttered by the FDIC last night. The agency estimates that the cost to the Deposit Insurance Fund (DIF) will be $72.0 million. Read our full coverage here.
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