Bank Abruptly Shut Down by US Authorities in First Bank Failure of 2025

US regulators have abruptly shut down a bank in Illinois in the first bank failure of 2025. The Federal Deposit Insurance Corporation (FDIC) says the Illinois Department of Financial and Professional Regulation (IDFPR) has closed Pulaski Savings Bank. The FDIC has been appointed as the receiver and has transferred all deposit accounts and most of […] The post Bank Abruptly Shut Down by US... source: https://dailyhodl.com/2025/01/24/bank-abruptly-shut-down-by-us-authorities-in-first-bank-failure-of-2025/