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Bank Failures

Failed Bank Information for Heritage Community Bank, Glenwood, IL

On Friday, February 27, 2009, Heritage Community Bank was closed by the Illinois Department of Financial and Professional Regulation, Division of Banking. The FDIC was named Receiver. MB Financial Bank, N.A., Chicago, Illinois acquired all deposit accounts.

The FDIC as Receiver for Heritage Community Bank, Glenwood, IL has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on February 08, 2019 and has made all dividend distributions required by law.

Effective July 01, 2019, the Receiver was discharged and the Receivership Estate was terminated and ceased existence as a legal entity.

Receivership Status: TERMINATED

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Notice of Termination

Effective Date: July 1, 2019
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Notice of Intent to Terminate

Publication Date: February 8, 2019
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Dividend Information

Report on dividends paid
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Press Release

Official press release

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: MB FINANCIAL BANK

About MB Financial Bank

All deposit accounts, including, were transferred to MB Financial Bank, N.A., Chicago, Illinois ("assuming institution"). Former Heritage Community Bank locations reopened as branches of MB Financial Bank.

Your transferred deposits were separately insured from any accounts you may have already had at MB Financial Bank for at least six months after the failure of Heritage Community Bank.

You may withdraw your funds from any transferred account without an early withdrawal penalty until you enter into a new deposit agreement with MB Financial Bank as long as the deposits are not pledged as collateral for loans.

Contacting MB Financial Bank

On May 4, 2019, MB Financial Bank merged with Fifth Third Bank.

You can contact Fifth Third Bank:

Fifth Third Bank
38 Fountain Square Plaza
Cincinnati, OH 45263

Transaction Documentation

Purchase & Assumption Agreement - PDF (0.5Mb)
Agreement between FDIC and acquiring institution

Last Updated: May 21, 2024