Bank Failures #51 to #54 for 2010: Four Illinois Banks

The FDIC just reported on four bank closures in Illinois with three in Chicago. All four banks were taken over by other banks. MB Financial acquired two of the failed banks. Refer to the FDIC press release page for more details.

I'll have more details later tonight in my bank failure review.

Update 4/24/10: Three more Illinois banks failed after these four. Please refer to my bank failure review for more details.