FDIC shuts down Ill. bank

August 6, 2011 9:52:38 AM PDT
Regulators have shut down another small bank in Illinois.

The FDIC seized Bank of Shorewood in Shorewood, Illinois with nearly $111 million in assets and $104 million in deposits.

Heartland Bank and Trust has agreed to assume Bank of Shorewood's deposits and essentially all its assets.

Load Comments