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State Regulators Close Founders Group and Appoint the FDIC as Receiver

 
 Volume/Number:  2009 July 2 
 Issuing Agency:   
 Description:  Press release: The Illinois Department of Financial and Professional Regulation, Division of Banking today closed the Founders Group headquartered in Worth, IL. The Founders group is comprised of 8 banks, 6 of which were placed in receivership. State action ensures all depositors are protected with no losses to consumers. 
 Date Created:  07 02 2009 
 Agency ID:  1009**09 
 ISL ID:  000000023001   Original UID: 11693 FIRST WORD: State