Failed Bank Information for Rock River Bank, Oregon, IL
On July 2, 2009, Rock River Bank was closed by the Illinois Department of Financial and Professional Regulation, Division of Banking. The FDIC was named Receiver. The Harvard State Bank, Harvard, IL acquired all deposit accounts.
The FDIC as Receiver for Rock River Bank, Oregon, IL has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on November 22, 2017 and has made all dividend distributions required by law.
Effective May 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: May 1, 2018
Notice of Intent to Terminate (www.federalregister.gov)
Publication Date: November 22, 2017
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: THE HARVARD STATE BANK
About The Harvard State Bank
All deposit accounts were transferred to The Harvard State Bank, Harvard, IL ("assuming institution"). Former Rock River Bank locations reopened as branches of The Harvard State Bank.
Your transferred deposits were separately insured from any accounts you may have already had at The Harvard State Bank for at least six months after the failure of Rock River Bank.
You may withdraw your funds from any transferred account without an early withdrawal penalty until you enter into a new deposit agreement with The Harvard State Bank as long as the deposits are not pledged as collateral for loans.
Contacting The Harvard State Bank
You can contact The Harvard State Bank:
The Harvard State Bank
33-35 North Ayer Street
Harvard, IL 60033
The Harvard State Bank (www.webhsb.com)
Transaction Documentation
Purchase & Assumption Agreement - PDF
Agreement between FDIC and acquiring institution
Bid Summary
Report on the bids to purchase the failed bank