Data / Bank failures / 2015 / Edgebrook Bank
Edgebrook Bank, Chicago, IL: failed May 8, 2015
Edgebrook Bank in Chicago, Illinois, failed on May 8, 2015. Republic Bank of Chicago of Oak Brook, IL, took over its deposits. It held $90 million in assets and $90 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $20.6 million (22.9% of its assets). By assets it was the 4th largest of 8 banks closed or assisted in 2015.
SpecStream is the live web data engine for teams and agents. It reads the FDIC failed bank data every morning, and this page is that reading. Ask for the banks you follow and each new closure arrives in your sheet, CRM, Slack or agent as the FDIC announces it.
The FDIC's record
- Closed
- May 8, 2015
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Republic Bank of Chicago, Oak Brook, IL
- Total assets
- $90,034,000
- Total deposits
- $90,007,000
- Estimated cost to the FDIC
- $20,647,318 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- DIF
- FDIC certificate
- 57772
Other bank failures in Illinois, 2013 to 2017
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Washington Federal Bank for Savings | Chicago | December 15, 2017 | $166.3 million | $144 million | $75 million | Royal Savings Bank |
| Fayette County Bank | Saint Elmo | May 26, 2017 | $34.4 million | $34 million | $8.1 million | United Fidelity Bank, FSB |
| Seaway Bank and Trust Company | Chicago | January 27, 2017 | $297.8 million | $256.5 million | $43.7 million | State Bank of Texas |
| Highland Community Bank | Chicago | January 23, 2015 | $54.7 million | $53.5 million | $4.7 million | United Fidelity Bank, FSB |
| The National Republic Bank of Chicago | Chicago | October 24, 2014 | $843.1 million | $809.6 million | $54.4 million | State Bank of Texas |
| Greenchoice Bank, FSB | Chicago | July 25, 2014 | $70.3 million | $68.7 million | $18.4 million | Providence Bank, LLC |
| Valley Bank | Moline | June 20, 2014 | $456.4 million | $360 million | $47.8 million | Great Southern Bank |
| Aztecamerica Bank | Berwyn | May 16, 2014 | $66.3 million | $65 million | $21.7 million | Republic Bank of Chicago |
Other failed banks Republic Bank of Chicago took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Aztecamerica Bank | Berwyn | IL | May 16, 2014 | $66.3 million | $65 million | $21.7 million | Republic Bank of Chicago |
| Dupage National Bank | West Chicago | IL | January 17, 2014 | $53.5 million | $51.9 million | $1.5 million | Republic Bank of Chicago |
| Citizens Bank & Trust Company of Chicago | Chicago | IL | April 23, 2010 | $73.5 million | $72.8 million | $41.3 million | Republic Bank of Chicago |
| Bank of Lincolnwood | Lincolnwood | IL | June 5, 2009 | $212.7 million | $209.3 million | $70.9 million | Republic Bank of Chicago |
| National Bank of Commerce | Berkeley | IL | January 16, 2009 | $419.7 million | $395.9 million | $80.5 million | Republic Bank of Chicago |
All bank failures in 2015 · All bank failures in Illinois · Every failed bank Republic Bank of Chicago took over · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-24. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.