# CORN BELT BANK AND TRUST COMPANY

> **Failed bank** · PITTSFIELD, IL · failed 2009-02-13 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $81M

## What happened

CORN BELT BANK AND TRUST COMPANY of PITTSFIELD, IL was closed by regulators on **2009-02-13**. The FDIC was named receiver.

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

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


## Key facts

- **FDIC ID:** 3604
- **FDIC Certificate:** 16500
- **FDIC FIN:** 10037
- **Bank name:** CORN BELT BANK AND TRUST COMPANY
- **Location:** PITTSFIELD, IL
- **Failure date:** 2009-02-13
- **FDIC resolution date:** 2009-02-13
- **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:** $81M
- **Deposits at failure:** $234M
- **Assets at failure:** $260M
- **Acquiring bank:** THE CARLINVILLE NATIONAL BANK (CARLINVILLE, IL)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=CORN%20BELT%20BANK%20AND%20TRUST%20COMPANY

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, CORN BELT BANK AND TRUST COMPANY (FDIC ID 3604), failed 2009-02-13. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/3604.

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