DUPAGE NATIONAL BANK Failed 2014
What happened
DUPAGE NATIONAL BANK of WEST CHICAGO, IL was closed on 2014-01-17. 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
- 4058
- FDIC Certificate
- 5732
- FDIC FIN
- 10492
- Bank name
- DUPAGE NATIONAL BANK
- Location
- WEST CHICAGO, IL
- Failure date
- 2014-01-17
- FDIC resolution date
- 2014-01-17
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $2M
- Deposits at failure
- $52M
- Assets at failure
- $54M
- Acquiring bank
- REPUBLIC BANK OF CHICAGO (OAK BROOK, IL)
Other banks REPUBLIC BANK OF CHICAGO acquired in FDIC resolutions