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Regulators shut Illinois bank (AP)


Regulators on Friday shut down Bank of Lincolnwood, a small bank in Illinois, marking the 37th failure this year of a federally insured bank. More are expected to succumb amid the pressures of the weak economy and mounting loan defaults.

This entry was posted on Saturday, June 6th, 2009, 5:58 pm and is filed under Finance News. You can follow any responses to this entry through RSS 2.0. Both comments and pings are currently closed.

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