# CITIZENS NATIONAL BANK

> **Failed bank** · MACOMB, IL · failed 2009-05-22 · National commercial bank (OCC-chartered) · FDIC cost $30M

## What happened

CITIZENS NATIONAL BANK of MACOMB, IL was closed by the OCC on **2009-05-22**. The FDIC was named receiver.

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

Deposits were transferred to **MORTON COMMUNITY BANK** (EFFINGHAM, IL). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3628
- **FDIC Certificate:** 5757
- **FDIC FIN:** 10063
- **Bank name:** CITIZENS NATIONAL BANK
- **Location:** MACOMB, IL
- **Failure date:** 2009-05-22
- **FDIC resolution date:** 2009-05-22
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $30M
- **Deposits at failure:** $394M
- **Assets at failure:** $439M
- **Acquiring bank:** MORTON COMMUNITY BANK (EFFINGHAM, IL)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, CITIZENS NATIONAL BANK (FDIC ID 3628), failed 2009-05-22. Retrieved via AI Analytics 2026-05-19 from https://api.ai-analytics.org/failed-bank/3628.

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