# THE LEWISTOWN BANK

> **Failed bank** · LEWISTOWN, IL · failed 1987-02-27 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $4M

## What happened

THE LEWISTOWN BANK of LEWISTOWN, IL was closed by regulators on **1987-02-27**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **NATIONAL BANK OF CANTON** (CANTON, IL). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1373
- **FDIC Certificate:** 3695
- **FDIC FIN:** 2652
- **Bank name:** THE LEWISTOWN BANK
- **Location:** LEWISTOWN, IL
- **Failure date:** 1987-02-27
- **FDIC resolution date:** 1987-02-27
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $4M
- **Deposits at failure:** $15M
- **Assets at failure:** $15M
- **Acquiring bank:** NATIONAL BANK OF CANTON (CANTON, IL)

## Other banks NATIONAL BANK OF CANTON has acquired in FDIC resolutions

- STATE BANK OF CUBA (CUBA, IL) — failed 1987-01-09 — /failed-bank/1336

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=THE%20LEWISTOWN%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE LEWISTOWN BANK (FDIC ID 1373), failed 1987-02-27. Retrieved via AI Analytics 2026-07-20 from https://api.ai-analytics.org/failed-bank/1373.

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