Bank failure · IL
Dupage National Bank (West Chicago, IL) — failed January 17, 2014
Dupage National Bank of West Chicago, Illinois was closed on January 17, 2014 and resolved through a purchase and assumption. Republic Bank of Chicago (IL) took over its insured deposits. At failure it held $53.5M in assets and $51.9M in deposits. The FDIC's estimated loss on the failure is $1.5M (2.9% of assets).
- Closing date
- January 17, 2014
- FDIC certificate #
- 5732
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Republic Bank of Chicago
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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