# THE NATIONAL REPUBLIC BANK OF CHICAGO

> **Failed bank** · CHICAGO, IL · failed 2014-10-24 · National commercial bank (OCC-chartered) · FDIC cost $54M

## What happened

THE NATIONAL REPUBLIC BANK OF CHICAGO of CHICAGO, IL was closed by the OCC on **2014-10-24**. The FDIC was named receiver.

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

Deposits were transferred to **STATE BANK OF TEXAS** (DALLAS, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 4073
- **FDIC Certificate:** 916
- **FDIC FIN:** 10507
- **Bank name:** THE NATIONAL REPUBLIC BANK OF CHICAGO
- **Location:** CHICAGO, IL
- **Failure date:** 2014-10-24
- **FDIC resolution date:** 2014-10-24
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $54M
- **Deposits at failure:** $810M
- **Assets at failure:** $843M
- **Acquiring bank:** STATE BANK OF TEXAS (DALLAS, TX)

## Other banks STATE BANK OF TEXAS has acquired in FDIC resolutions

- SEAWAY BANK AND TRUST COMPANY (CHICAGO, IL) — failed 2017-01-27 — /failed-bank/4090
- MILLENNIUM STATE BANK OF TEXAS (DALLAS, TX) — failed 2009-07-02 — /failed-bank/3645
- FIRST NATIONAL BANK OF GARLAND (GARLAND, TX) — failed 1990-03-29 — /failed-bank/2716

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE NATIONAL REPUBLIC BANK OF CHICAGO (FDIC ID 4073), failed 2014-10-24. Retrieved via AI Analytics 2026-07-19 from https://api.ai-analytics.org/failed-bank/4073.

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