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Bank failure · IL

Platinum Community Bank (Rolling Meadows, IL) — failed September 4, 2009

Platinum Community Bank of Rolling Meadows, Illinois was closed on September 4, 2009 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $148.0M in assets and $110.2M in deposits.

Closing date
September 4, 2009
FDIC certificate #
35030
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
DIF
Pre-failure filings
Last reported financials

Other failures in 2009

What happens when a bank fails