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Failed Bank Information for The John Warner Bank, Clinton, IL

On Thursday, July 2, 2009, The John Warner Bank was closed by the Illinois Department of Financial and Professional Regulation, Division of Banking. The FDIC was named Receiver. State Bank of Lincoln, Lincoln, IL acquired all deposit accounts.

The FDIC as Receiver for The John Warner Bank, Clinton, IL has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on April 9, 2021 and has made all dividend distributions required by law.

Effective July 1, 2021, the Receiver was discharged and the Receivership Estate was terminated and ceased existence as a legal entity.

Receivership Status

TERMINATED

Notice of Termination

Effective Date: July 1, 2021


Notice of Intent to Terminate

Publication Date: April 9, 2021

Dividend Information

Report on dividends paid


Press Release

Official press release

cautionBeware of scams!

Please be advised you will not receive any email notification to claim, unlock or suspend your account or to provide any private information. Please be aware of any phishing scams to obtain information from you.

caution

Beware of scams!
Please be advised you will not receive any email notification to claim/unlock/suspend your account or to provide any private information. Please be aware of any phishing scams to obtain information from you.

ACQUIRING INSTITUTION: State Bank of Lincoln

About State Bank of Lincoln

All deposit accounts were transferred to State Bank of Lincoln, Lincoln, IL ("assuming institution"). Former The John Warner Bank locations reopened as branches of State Bank of Lincoln.

Your transferred deposits were separately insured from any accounts you may have already had at State Bank of Lincoln for at least six months after the failure of The John Warner Bank.

You may withdraw your funds from any transferred account without an early withdrawal penalty until you enter into a new deposit agreement with State Bank of Lincoln as long as the deposits are not pledged as collateral for loans.

Contacting State Bank of Lincoln

On December 31, 2020, State Bank of Lincoln merged with Heartland Bank and Trust Company.

You can contact Heartland Bank and Trust Company:

Heartland Bank and Trust Company
401 N Hershey Rd
Bloomington, IL 61704

Heartland Bank and Trust Company (www.hbtbank.com)

Transaction Documentation

Purchase & Assumption Agreement - PDF
Agreement between FDIC and acquiring institution

Bid Summary
Report on the bids to purchase the failed bank