United Fidelity Bank, fsb, Evansville, Indiana, Assumes All of the Deposits of Highland Community Bank, Chicago, Illinois — 2015-01-23

Highland Community Bank, Chicago, Illinois, was closed today by the Illinois Department of Financial & Professional Regulation—Division of Banking, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with United Fidelity Bank, fsb, Evansville, Indiana, to assume all of the deposits of Highland Community Bank. The two branches of Highland Community Bank will reopen as branches of United Fidelity Bank, fsb during their normal business hours. Depositors of Highland Community Bank will automatically become depositors of United Fidelity Bank, fsb. Deposits will continue to be insured by the FDIC, so there is no need for customers to change their banking relationship in order to retain their deposit insurance coverage up to applicable limits.