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 Fayette County Bank, Saint Elmo, IL

On Friday, May 26, 2017, Fayette County Bank was closed by the Illinois Department of Financial and Professional Regulation - Division of Banking. The FDIC was named Receiver. United Fidelity Bank, fsb, Evansville, IN acquired all deposit accounts.

The FDIC as Receiver for Fayette County Bank, Saint Elmo, IL has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on February 3, 2020 and has made all dividend distributions required by law.

Effective June 1, 2020, 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: June 1, 2020
Icon for Notice of Intent to Terminate

Notice of Intent to Terminate

Publication Date: February 3, 2020
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: UNITED FIDELITY BANK, FSB

About United Fidelity Bank, fsb

All deposit accounts, including brokered deposits, were transferred to United Fidelity Bank, fsb, Evansville, IN ("assuming institution"). Former Fayette County Bank locations reopened as branches of United Fidelity Bank.

Your transferred deposits were separately insured from any accounts you may have already had at United Fidelity Bank for at least six months after the failure of Fayette County Bank.

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

Contacting United Fidelity Bank

You can contact United Fidelity Bank:

United Fidelity Bank
18 NW Fourth Street
Evansville, IN 47708

United Fidelity Bank, fsb (www.unitedfidelity.com)

Transaction Documentation

Purchase & Assumption Agreement
Agreement between FDIC and acquiring institution

Bid Summary
Report on the bids to purchase the failed bank

Last Updated: May 21, 2024