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Bank failure · IL

Aztecamerica Bank (Berwyn, IL) — failed May 16, 2014

Aztecamerica Bank of Berwyn, Illinois was closed on May 16, 2014 and resolved through a purchase and assumption. Republic Bank of Chicago (IL) took over its insured deposits. At failure it held $66.3M in assets and $65.0M in deposits. The FDIC's estimated loss on the failure is $21.7M (32.7% of assets).

Closing date
May 16, 2014
FDIC certificate #
57866
Resolution
Purchase and assumption (failure)
Acquiring institution
Republic Bank of Chicago
Insurance fund
DIF
Pre-failure filings
Last reported financials

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