The FDIC, Federal Deposit Insurance Corp., announced that another Illinois lender has bit the dust, ka-plooey, failed, bye-bye, Adios Amigos, sayonara. Second Federal Savings & Loan of Chicago failed and was scooped up by a division of Wintrust.
To date, that is the 37th bank which has failed in Illinois since 2009.
So, if you're keeping count, yes Illinois is once again near the top of the charts in an unenviable category.
Michael Hobbs, PahRoo Appraisal & Consultancy
Twitter @PahRoo
We're Hiring: Chicago & Suburbs Certified Residential Real Estate Appraiser, salaried position for qualifed professional, $50,000 to $85,000
Comments(0)