Founders Bank Information
7/3/2009
Sprinkler Fitters Local 281, U.A. has been in contact with the transition team from The Private Bank. The Private Bank will be sending a letter to all account holders sometime early next week. They have assured Local 281 that the monies are secure. Local 281 will be in close contact with The Private Bank throughout the entire transitional period.
On Thursday, July 2, 2009, Founders Bank, Worth, 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.
All deposit accounts have been transferred to The PrivateBank and Trust Company, Chicago, IL. For more information on The PrivateBank and Trust Company, visit us at www.theprivatebank.com.
The FDIC has assembled useful information regarding your relationship with Founders 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 Founders Bank
Online service will remain available.
Additional Information:
www.foundersbank.com
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