Data / Bank failures / 2017 / Fayette County Bank
Fayette County Bank, Saint Elmo, IL: failed May 26, 2017
Fayette County Bank in Saint Elmo, Illinois, failed on May 26, 2017. United Fidelity Bank, FSB of Evansville, IN, took over its deposits. It held $34.4 million in assets and $34 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $8.1 million (23.5% of its assets). By assets it was the 7th largest of 8 banks closed or assisted in 2017.
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 26, 2017
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- United Fidelity Bank, FSB, Evansville, IN
- Total assets
- $34,370,000
- Total deposits
- $33,972,000
- Estimated cost to the FDIC
- $8,087,724 (estimate as of July 31, 2026)
- Charter
- State member bank (Federal Reserve)
- Insurance fund
- DIF
- FDIC certificate
- 1802
Other bank failures in Illinois, 2015 to 2019
| 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 |
| Seaway Bank and Trust Company | Chicago | January 27, 2017 | $297.8 million | $256.5 million | $43.7 million | State Bank of Texas |
| Edgebrook Bank | Chicago | May 8, 2015 | $90 million | $90 million | $20.6 million | Republic Bank of Chicago |
| Highland Community Bank | Chicago | January 23, 2015 | $54.7 million | $53.5 million | $4.7 million | United Fidelity Bank, FSB |
Other failed banks United Fidelity Bank, FSB took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| First City Bank of Florida | Fort Walton Beach | FL | October 16, 2020 | $136.6 million | $133.9 million | $7.2 million | United Fidelity Bank, FSB |
| Premier Bank | Denver | CO | July 10, 2015 | $26.8 million | $25.5 million | $1.2 million | United Fidelity Bank, FSB |
| Highland Community Bank | Chicago | IL | January 23, 2015 | $54.7 million | $53.5 million | $4.7 million | United Fidelity Bank, FSB |
| Columbia Savings Bank | Cincinnati | OH | May 23, 2014 | $36.5 million | $29.5 million | $7.2 million | United Fidelity Bank, FSB |
All bank failures in 2017 · All bank failures in Illinois · Every failed bank United Fidelity Bank, FSB took over · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-23. 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.