WHEATLAND BANK Failed 2010

NAPERVILLE, IL · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

WHEATLAND BANK of NAPERVILLE, IL was closed on 2010-04-23. The FDIC was named receiver.

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

Deposits were transferred to WHEATON BANK & TRUST (WHEATON, IL). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
3790
FDIC Certificate
58429
FDIC FIN
10224
Bank name
WHEATLAND BANK
Location
NAPERVILLE, IL
Failure date
2010-04-23
FDIC resolution date
2010-04-23
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.)
$190M
Deposits at failure
$449M
Assets at failure
$442M
Acquiring bank
WHEATON BANK & TRUST (WHEATON, IL)