FDIC Says Goodbye to Failed Illinois Bank: Receivership Ends
Published Date: 4/3/2026
Notice
Summary
The FDIC is wrapping up its work with Citizens National Bank in Macomb, Illinois, and plans to officially end the receivership at least 30 days after this notice. Creditors can expect a final payment if funds allow, and anyone with thoughts on this decision has 30 days to speak up in writing. This means the bank’s receivership is closing soon, marking the end of this chapter.
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Final dividend for receivership creditors
The FDIC says liquidation for Citizens National Bank (Macomb, IL; receivership appointed 05/22/2009) is complete. If funds allow and in accordance with law, the Receiver will make a final dividend payment to proven creditors, and the receivership will be terminated no sooner than 30 days after the notice dated April 1, 2026.
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