Failed Bank Information for George Washington Savings Bank, Orland Park, IL
On Friday, February 19, 2010, George Washington Savings Bank was closed by the Illinois Department of Financial and Professional Regulation, Division of Banking. The FDIC was named Receiver. FirstMerit Bank, N.A., Akron, OH acquired all deposit accounts.
The FDIC as Receiver for George Washington Savings Bank, Orland Park, IL has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on September 30, 2021 and has made all dividend distributions required by law.
Effective June 1, 2022, the Receiver was discharged and the Receivership Estate was terminated and ceased existence as a legal entity.
Effective Date: June 1, 2022
Publication Date: September 30, 2021
Report on dividends paid
Official press release
Beware 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.
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: FirstMerit Bank, N.A.
About FirstMerit Bank, N.A.
All deposit accounts were transferred to FirstMerit Bank, N.A., Akron, OH ("assuming institution"). Former George Washington Savings Bank locations reopened as branches of FirstMerit Bank, N.A.
Your transferred deposits were separately insured from any accounts you may have already had at FirstMerit Bank, N.A. for at least six months after the failure of George Washington Savings Bank.
You may withdraw your funds from any transferred account without an early withdrawal penalty until you enter into a new deposit agreement with FirstMerit Bank, N.A. as long as the deposits are not pledged as collateral for loans.
Contacting FirstMerit Bank, N.A.
On 08/16/2016, FirstMerit Bank, N.A. merged with The Huntington National Bank.
You can contact The Huntington National Bank:
The Huntington National Bank
17 S. High St.
Columbus, OH 43215
The Huntington National Bank (www.huntington.com)
Purchase & Assumption Agreement - PDF (1.1Mb)
Agreement between FDIC and acquiring institution
Report on the bids to purchase the failed bank