2010-04-23bankimplode.com

Peotone Bank and Trust Company, Peotone, Illinois, was imploded by the FDIC. The agency estimates that the cost to the Deposit Insurance Fund (DIF) will be $31.7 million. Peotone Bank and Trust Company is the 56th FDIC-insured institution to fail in the nation this year, and the ninth in Illinois. Read our full coverage here.


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