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Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank

Failed Bank Information for National Bank of Commerce, Berkeley, IL

On January 16, 2009, National Bank of Commerce was closed by the Office of the Comptroller of the Currency (OCC). The FDIC was named Receiver. Republic Bank of Chicago, Oak Brook, IL acquired all deposit accounts.

The FDIC as Receiver for National Bank of Commerce, Berkeley, 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 23, 2017 and has made all dividend distributions required by law.

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

Receivership Status

TERMINATED

Notice of Termination (www.federalregister.gov)

Effective Date: March 1, 2018


Notice of Intent to Terminate (www.federalregister.gov)

Publication Date: August 23, 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: REPUBLIC BANK OF CHICAGO

About Republic Bank of Chicago

All deposit accounts, and all loans, were transferred to Republic Bank of Chicago, Oak Brook, IL ("assuming institution"). Former National Bank of Commerce locations reopened as branches of Republic Bank of Chicago.

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

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

Contacting Republic Bank of Chicago

You can contact Republic Bank of Chicago:

Republic Bank of Chicago
2221 Camden Court
Oak Brook, IL 60523

Republic Bank of Chicago (www.republicebank.com)

Transaction Documentation

Purchase & Assumption Agreement - PDF (3Mb)
Agreement between FDIC and acquiring institution

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