FDIC Bank Closing Information for New City Bank, Chicago, IL


FDIC Information for New City Bank, Chicago, IL
On Friday, March 9, 2012, New City Bank, Chicago, IL was closed by the Illinois Department of Financial and Professional Regulation – Division of Banking . Subsequently, the Federal Deposit Insurance Corporation (FDIC) was named Receiver. No advance notice is given to the public when a financial institution is closed. An assuming bank could not be located; therefore, the FDIC will fulfill its obligation to insured depositors by mailing checks for their insured amounts. The FDIC has assembled useful information regarding your relationship with New City Bank. Besides a checking account, you may have Certificates of Deposit, a business checking account, a Social Security direct deposit, and other relationships with the institution. Please select the link below to read more about this event: FDIC Bank Closing Information for New City Bank All accounts have been closed, and you will no longer have access to the website.