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.
Your PRIA Score
Personalized for You
How does this regulation affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2025-21626 — Regulatory Capital Rule: Modifications to the Enhanced Supplementary Leverage Ratio Standards for U.S. Global Systemically Important Bank Holding Companies and Their Subsidiary Depository Institutions; Total Loss-Absorbing Capacity and Long-Term Debt Requirements for U.S. Global Systemically Important Bank Holding Companies
Big U.S. banks that are super important to the economy are getting new rules to keep them safer and stronger. These changes tweak how much money they must keep on hand and how they handle long-term debt, helping prevent financial trouble. The new rules kick in soon and could affect how these banks manage billions in assets and debt.
2026-06428 — Privacy Act of 1974; System of Records
The FDIC is updating its system for handling consumer complaints and public questions about banks and deposit insurance. This change helps the FDIC better investigate issues and protect people from fraud using its name or logo. The updates take effect April 2, 2026, with public comments open until May 4, 2026—no extra costs involved, just smoother service!
2026-05960 — Regulatory Capital Rules: Regulatory Capital and Standardized Approach for Risk-Weighted Assets
Big banks and community banks are getting new rules to better measure the risks in their loans and investments. The changes update how banks count certain assets and income when figuring out their safety net money, called regulatory capital. These updates aim to make banks safer and smarter with their money, with some rules kicking in soon and affecting how much capital banks need to hold.
2026-05958 — Proposed Agency Information Collection Activities; Comment Request
The Treasury, Federal Reserve, and FDIC want your thoughts on updating rules about how banks report their money and risks. These changes affect banks of all sizes, especially those with big trading activities, and aim to keep things clear and fair for the next three years. You’ve got until May 26, 2026, to share your ideas—no extra costs for banks, just smarter paperwork!
2026-05836 — Agency Information Collection Activities: Proposed Collection Renewal; Comment Request
The FDIC wants to renew a paperwork collection that affects state banks, savings groups, and related folks. They’re asking for your thoughts by April 27, 2026, but so far, no one has spoken up. This renewal keeps things running smoothly without adding new costs or big changes.
2026-05645 — Sunshine Act Meetings; Notice of Meeting Held With Less Than Seven Days' Advance Notice
The FDIC held a public meeting on March 19, 2026, with less than seven days' notice to discuss important banking rules and insurance coverage updates. This affects banks, especially those with big trading activities, and could change how they manage risk and deposits. No new costs were announced, but the timing shows the FDIC is moving fast to keep things clear and safe.
Previous / Next Documents
Previous: 2026-06524 — Bulk Manufacturer of Controlled Substances Application: Purisys, LLC
Purisys, LLC wants to become a big-time maker of certain controlled substances, including things like marijuana extracts and LSD. People and companies already registered or interested can share their thoughts or ask for a hearing by June 2, 2026. This move could shake up who’s allowed to produce these substances and when, but no costs are mentioned yet.
Next: 2026-06526 — Notice of Request To Renew an Approved Information Collection: New Poultry Inspection System
The USDA’s Food Safety and Inspection Service wants to keep collecting info about how poultry is inspected, with no changes to the current process. This affects poultry plants and helps keep our chicken safe to eat. They’re asking for public comments by June 2, 2026, before renewing the approval that expires August 31, 2026.
Take It Personal
Get Your Personalized Policy View
Start a Free Government Policy Watch to see how policy affects your household, then upgrade to PRIA Full Coverage for year-round monitoring.
Already have an account? Sign in