Daily Archives: July 6, 2009

Illinois wrestles with rash of bank failures

The Illinois Department of Financial and Professional Regulation and the Comptroller of the Currency had a full plate Thursday afternoon, closing no less than six banks: Rock River Bank; Elizabeth State Bank; Founders Bank; First National Bank of Danville; John Warner Bank; and First State Bank of Winchester.

Regulators also closed Millennium State Bank of Texas in Dallas on Thursday.

That brings the total number of bank failures this year to 52.