TellerScore

Bank failure · IL

Independent Bankers' Bank (Springfield, IL) — failed December 18, 2009

Independent Bankers' Bank of Springfield, Illinois was closed on December 18, 2009 and resolved through a purchase and assumption (insured deposits). The Independent Bankersbank (TX) took over its insured deposits. At failure it held $585.5M in assets and $511.5M in deposits.

Closing date
December 18, 2009
FDIC certificate #
26820
Resolution
Purchase and assumption (insured deposits) (failure)
Acquiring institution
The Independent Bankersbank
Insurance fund
DIF
Pre-failure filings
Last reported financials

Other failures in 2009

What happens when a bank fails