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Failed Bank Information for Highland Community Bank, Chicago, IL

On Friday, January 23, 2015, Highland Community Bank, Chicago, IL was closed by the Illinois Department of Financial & 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 Highland Community Bank, Chicago, IL has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on May 8, 2017 and has made all dividend distributions required by law.

Effective November 1, 2017, 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: November 1, 2017


Notice of Intent to Terminate

Publication Date: May 8, 2017

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: UNITED FEDELITY BANK

About United Fidelity Bank, fsb

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

Your transferred deposits were separately insured from any accounts you may have already had at United Fidelity Bank, fsb for at least six months after the failure of Highland Community 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, fsb as long as the deposits are not pledged as collateral for loans.

Contacting United Fidelity Bank, fsb

You can contact United Fidelity Bank, fsb:

United Fidelity Bank, fsb
18 Nw Fourth Street
Evansville, IN 47708

United Fedelity Bank (www.unitedfidelity.com)

Transaction Documentation

Purchase & Assumption Agreement - PDF (15.2Mb)
Agreement between FDIC and acquiring institution

Bid Summary
Report on the bids to purchase the failed bank