Skip to main content
U.S. flag
An official website of the United States government
Dot gov
The .gov means it’s official. 
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you’re on a federal government site.
Https
The site is secure. 
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.
Bank Failures

Failed Bank Information for All American Bank, Des Plaines, IL

On Friday, October 28, 2011, All American Bank was closed by the Illinois Department of Financial and Professional Regulation Division of Banking. The FDIC was named Receiver. International Bank of Chicago, Chicago, IL acquired all deposit accounts.

The FDIC as Receiver for All American Bank, Des Plaines, IL has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on August 28, 2017 and has made all dividend distributions required by law.

Effective February 1, 2018, the Receiver was discharged and the Receivership Estate was terminated and ceased existence as a legal entity.

Receivership Status: TERMINATED

Icon for Notice of Termination

Notice of Termination

Effective Date: February 1, 2018
Icon for Notice of Intent to Terminate

Notice of Intent to Terminate

Publication Date: August 28, 2017
Icon for Dividend Information

Dividend Information

Report on dividends paid
Icon for Press Release

Press Release

Official press release

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: INTERNATIONAL BANK OF CHICAGO

About International Bank of Chicago

All deposit accounts, including brokered deposits, were transferred to International Bank of Chicago, Chicago, IL ("assuming institution"). Former All American Bank locations reopened as branches of International Bank of Chicago.

Your transferred deposits were separately insured from any accounts you may have already had at International Bank of Chicago for at least six months after the failure of All American Bank.

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

Contacting International Bank of Chicago

You can contact International Bank of Chicago:

International Bank of Chicago
5069 North Broadway
Chicago, IL 60640

International Bank of Chicago (www.inbk.com)

Transaction Documentation

Purchase & Assumption Agreement
Agreement between FDIC and acquiring institution

October 31, 2011 Amendment to Purchase and Assumption Agreement

Bid Summary
Report on the bids to purchase the failed bank

Last Updated: February 21, 2018