FDIC Moves to End Receiverships for Failed Banks in Utah, Illinois
May 12, 2026
May 12, 2026
WASHINGTON, May 12 (TNSFR) -- The Federal Deposit Insurance Corporation said it plans to terminate the receiverships for two failed banks in Utah and Illinois after completing the liquidation of their assets and determining the proceedings no longer serve a purpose.
The notice, published May 6 in the Federal Register, covers the receiverships for America West Bank in Layton, Utah, and Washington Federal Bank for Savings in Chicago, Illinois. According to the FDIC, America West Bank . . .
The notice, published May 6 in the Federal Register, covers the receiverships for America West Bank in Layton, Utah, and Washington Federal Bank for Savings in Chicago, Illinois. According to the FDIC, America West Bank . . .