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Illinois Tops the List of 2014 Bank Failures

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It’s not a list that any state aims to top, but with five banks collapsing
under the weight of bad loans and problematic investments, Illinois
takes the crown for 2014 bank failures according to a recent article in
the Chicago Tribune. National Republic Bank of Chicago suffered the
most recent failure last week when it was taken over by the State Bank
of Texas. Other Illinois banks shut down in 2014 include Valley Bank,
GreenChoice Bank, AztecAmerica Bank and DuPage National Bank.

Read the entire article here.

Image credit: notionscapital

 

 

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