Bank failure · IL
Wheatland Bank (Naperville, IL) — failed April 23, 2010
Wheatland Bank of Naperville, Illinois was closed on April 23, 2010 and resolved through a purchase and assumption. Wheaton Bank & Trust (IL) took over its insured deposits. At failure it held $441.7M in assets and $448.9M in deposits. The FDIC's estimated loss on the failure is $189.7M (42.9% of assets).
- Closing date
- April 23, 2010
- FDIC certificate #
- 58429
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Wheaton Bank & Trust
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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