# THE BANK OF COMMERCE

> **Failed bank** · WOOD DALE, IL · failed 2011-03-25 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $44M

## What happened

THE BANK OF COMMERCE of WOOD DALE, IL was closed by regulators on **2011-03-25**. The FDIC was named receiver.

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

Deposits were transferred to **ADVANTAGE NATIONAL BANK** (ELK GROVE VILLAGE, IL). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3916
- **FDIC Certificate:** 34292
- **FDIC FIN:** 10350
- **Bank name:** THE BANK OF COMMERCE
- **Location:** WOOD DALE, IL
- **Failure date:** 2011-03-25
- **FDIC resolution date:** 2011-03-25
- **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:** $44M
- **Deposits at failure:** $161M
- **Assets at failure:** $163M
- **Acquiring bank:** ADVANTAGE NATIONAL BANK (ELK GROVE VILLAGE, IL)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE BANK OF COMMERCE (FDIC ID 3916), failed 2011-03-25. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/3916.

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