ROCK RIVER BANK Failed 2009
What happened
ROCK RIVER BANK of OREGON, IL was closed on 2009-07-02. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to THE HARVARD BANK (HARVARD, IL). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3643
- FDIC Certificate
- 15302
- FDIC FIN
- 10075
- Bank name
- ROCK RIVER BANK
- Location
- OREGON, IL
- Failure date
- 2009-07-02
- FDIC resolution date
- 2009-07-02
- Charter type
- State commercial bank, non-Federal Reserve member (FDIC-supervised)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $19M
- Deposits at failure
- $75M
- Assets at failure
- $75M
- Acquiring bank
- THE HARVARD BANK (HARVARD, IL)