# BANK OF LINCOLNWOOD

> **Failed bank** · LINCOLNWOOD, IL · failed 2009-06-05 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $71M

## What happened

BANK OF LINCOLNWOOD of LINCOLNWOOD, IL was closed by regulators on **2009-06-05**. The FDIC was named receiver.

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

Deposits were transferred to **REPUBLIC BANK OF CHICAGO** (OAK BROOK, IL). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3630
- **FDIC Certificate:** 17309
- **FDIC FIN:** 10064
- **Bank name:** BANK OF LINCOLNWOOD
- **Location:** LINCOLNWOOD, IL
- **Failure date:** 2009-06-05
- **FDIC resolution date:** 2009-06-05
- **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:** $71M
- **Deposits at failure:** $209M
- **Assets at failure:** $213M
- **Acquiring bank:** REPUBLIC BANK OF CHICAGO (OAK BROOK, IL)

## Other banks REPUBLIC BANK OF CHICAGO has acquired in FDIC resolutions

- EDGEBROOK BANK (CHICAGO, IL) — failed 2015-05-08 — /failed-bank/4080
- AZTECAMERICA BANK (BERWYN, IL) — failed 2014-05-16 — /failed-bank/4064
- DUPAGE NATIONAL BANK (WEST CHICAGO, IL) — failed 2014-01-17 — /failed-bank/4058
- CITIZENS BANK & TRUST COMPANY OF CHICAGO (CHICAGO, IL) — failed 2010-04-23 — /failed-bank/3788
- NATIONAL BANK OF COMMERCE (BERKELEY, IL) — failed 2009-01-16 — /failed-bank/3587

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, BANK OF LINCOLNWOOD (FDIC ID 3630), failed 2009-06-05. Retrieved via AI Analytics 2026-06-25 from https://api.ai-analytics.org/failed-bank/3630.

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