Over 30 Illinois Banks Could Collapse In 2009: Report

03/28/2009 05:12 am ET | Updated May 25, 2011

More than 30 Illinois banks and thrifts have high levels of delinquent loans and stand a greater risk of being closed by regulators in 2009 if they don't improve performance, raise capital or get acquired, according to a new report.

Foresight Analytics LLC, an Oakland-based financial research firm, said Illinois ranks third among states with the greatest number of problem banks ....

Read more on Chicago Tribune

Suggest a correction