Pulaski Savings Bank fails, Millennium Bank assumes deposits – American Banker

Pulaski Savings Bank, a Chicago-based community bank with $49.5 million in assets, was shut down Friday by the Illinois Department of Financial and Professional Regulation. The Federal Deposit Insurance Corporation was appointed receiver, and all of the bank's $42.7 million in deposits were transferred to nearby Des Plaines Millennium Bank in Illinois. “Millennium Bank has […]