# FIRST SUBURBAN NATIONAL BANK

> **Failed bank** · MAYWOOD, IL · failed 2010-10-22 · National commercial bank (OCC-chartered) · FDIC cost $44M

## What happened

FIRST SUBURBAN NATIONAL BANK of MAYWOOD, IL was closed by the OCC on **2010-10-22**. The FDIC was named receiver.

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

Deposits were transferred to **SEAWAY BANK AND TRUST COMPANY** (CHICAGO, IL). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3867
- **FDIC Certificate:** 16089
- **FDIC FIN:** 10301
- **Bank name:** FIRST SUBURBAN NATIONAL BANK
- **Location:** MAYWOOD, IL
- **Failure date:** 2010-10-22
- **FDIC resolution date:** 2010-10-22
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $44M
- **Deposits at failure:** $135M
- **Assets at failure:** $143M
- **Acquiring bank:** SEAWAY BANK AND TRUST COMPANY (CHICAGO, IL)

## Other banks SEAWAY BANK AND TRUST COMPANY has acquired in FDIC resolutions

- LEGACY BANK (MILWAUKEE, WI) — failed 2011-03-11 — /failed-bank/3915

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST SUBURBAN NATIONAL BANK (FDIC ID 3867), failed 2010-10-22. Retrieved via AI Analytics 2026-06-25 from https://api.ai-analytics.org/failed-bank/3867.

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