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Bank failure · IL

Amcore Bank, National Association (Rockford, IL) — failed April 23, 2010

Amcore Bank, National Association of Rockford, Illinois was closed on April 23, 2010 and resolved through a purchase and assumption. Harris National Association (IL) took over its insured deposits. At failure it held $3.1B in assets and $2.7B in deposits. The FDIC's estimated loss on the failure is $10.8M (0.4% of assets).

Closing date
April 23, 2010
FDIC certificate #
3735
Resolution
Purchase and assumption (failure)
Acquiring institution
Harris National Association
Insurance fund
DIF
Pre-failure filings
Last reported financials

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