FDIC closes Integra Bank in Elizabethtown
ELIZABETHTOWN—Without any kind of forewarning—which is how the Federal Deposit Insurance Corporation operates—the only bank in E-town (Hardin County) was closed down Friday, July 29, and folks had to learn about it Saturday morning, with no explanation given as to why.
The link to Integra National Bank Association, Evansville, gives the barest of explanations:
This is reflected at one of our favorite websites, the Bank Implode-o-Meter, which we’ve been following since we first called the economic crisis in 2007:
We have learned from our sources in Hardin that as of about 7:30 Saturday morning (07.30.11), there was an Illinois State Police trooper out of District 22 Ullin stationed there at the bank, where the tellers and other bank personnel were conducting business on a limited basis at the drive-through a little later. All other business, however, will be done via other methods, apparently including through Old National Bank, which, if we’re understanding it correctly, has absorbed Integra’s assets and liabilities.
ONB will be taking over operations immediately, and the bank will be open for business Monday, August 1, with the rest of the shift (including signs/logos etc) happening gradually over the next several weeks.
Short URL: http://www.disclosurenewsonline.com/?p=8745