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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:

http://www.fdic.gov/bank/individual/failed/integra.html

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:

http://bankimplode.com/blog/2011/07/30/integra-bank-national-association-evansville-indiana/

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

Avatar of Angela Howser Posted by on Jul 30 2011. Filed under Breaking, Hardin. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

17 Comments for “FDIC closes Integra Bank in Elizabethtown”

  1. From the looks of what I read about this it looks like it will remain open but under new ownership. It showed Integra failed and Old National is takin it over. Once this took place the Integra Customers became Old National Customers. If I am understanding it correctly all that should currently change is the banks sign and perhaps a few other small changes but hopefully Elizabethtown still has their bank.

  2. i can verify, that “Old Fart” is right. my mother is an employee there, and the bank will be open as usual starting Monday, and that they just got bought out basically by Old national. But Elizabethtown DOES have a bank still…

    • What I’m being told is that no one knows when the ‘new’ ownership is going to take place, and in the meantime, people just kinda need to be watching for REopening. I think it’s the uncertainty that’s causing the grief and consternation in E-town. But thank you for the input, mklvon….our sources didn’t really know.

      • what my mother said was things will stay the same for the time being..(they haven’t been told when old national will remodel/new signs etc) up, but she said things are gonna be like always…she said she would imagine it might be a little bit before the “old national” signing and everything is up. lol and usually anything in Hardin County, if your sources aren’t sure of, i could help out..lol. i may live in harrisburg but anytime something happens down there, i can call a few people and get the whole story haha

        • sounds like a happy ending to a bad situation. Glad to hear no jobs in that area will be lost…at this time. Jobs are scarce and the area probably doesnt have a lot of job opportunities anyway so losing even 5 jobs would be a bad deal for a small town like this!

  3. Jack I suppose you know this already but essentially the Integra bank tanked and the FDIC stepped in, Old National then said we will buy all of Integra that’s how I understand what was written on the press release. However I do agree that Old National could decide that the Etown bank is a liability and decide to close it later. Not much comfort but just as real as I know how to be. I sure hope Etown keeps their bank as it is an asset to their community. I hope by Monday everyone will have better answers of this issue. There was a number on the websites above that someone could call and perhaps get some firm answers but in todays society what does firm mean. If its like the term resistant, used by the cell phone companies then we can consider ourselves screwed

  4. Anyone have a good washin machine for sale? If so email me at oldiusfartius@gmail.com I would love to get my old rags clean so I don’t stink so bad!

    • O.F., Just wear or take em in the pool and do a rub-a-dub, take em off or out and hang em up to dry. Spin cycle may not feel so good. Don’t get dizzy while spinning.. ;) I’ll keep my ears open for ya. I actually have been wanting a new washer & dryer, so…if I get my way, :) I’ll get ahold of you.

      • I don’t want another wore out one tho 8) I would love to hear from ya anyways I don’t even have enuf energy for the spin cycle much less the ability to stand after doing it in the pool LOL

        • These seriously still work very good. I just want the ones that do all kinds of stuff, like dry cleaning and etc. After we remodeled, that was the next thing I wanted. I’m still working on it. I was just playing soccer with my Yorkie, and I got a bit woozie from turning around to fast to get a point. He’s an awesome goalie!

          • Mine worked well til the motor burnt up. It was doin everything just fine but not annymore…tell rick white we need a fire marshall to determine the cause…maybe they wuld be able to help me fix this one LMAO

  5. sometimes I do…If I ever win the lotto I will really YAHOO! 8)

  6. I just want the bills paid off that I currently have and thats enough for me! 8)

  7. I guess the bank is still in business in E’town? Haven’t heard much about it and was just wondering!

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