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The Business News section provides access to all State of Illinois press releases that have been published about business-related issues and news, ranging from announcements about new businesses and the creation of jobs, to business incentives and grant awards.
06/11/09 - Web Certification Launched For Unemployment Insurance
Process Safe, Easy and Improves Customer Service
CHICAGO – In an effort to improve service for thousands of people collecting unemployment insurance, the Illinois Department of Employment Security launched a new way for claimants to certify that they are out of work and eligible for benefits. The new Internet Certification feature is the latest customer-service effort to streamline operations and make it easier to interact with the department, officials said Thursday.

06/05/09 - Illinois Division of Banking closes Bank of Lincolnwood and appoints FDIC as receiver
All depositors are protected with no consumer losses; Republic Bank of Chicago, Oak Brook, to assume all deposits
CHICAGO – The Illinois Department of Financial and Professional Regulation’s (IDFPR) Division of Banking today announced that it has taken possession and control of Bank of Lincolnwood, Lincolnwood, Illinois at 5 pm for the purpose of receivership and liquidation. The bank’s main office was in Lincolnwood and one branch location also located in Lincolnwood. The Division of Banking appointed the Federal Deposit Insurance Corporation (FDIC) as receiver for the bank under the provisions of the Illinois Banking Act. No advance notice is given to the public when a financial institution is closed.

05/22/09 - State regulators appoint the FDIC as receiver for Strategic Capital Bank of Champaign
Today’s action ensures all depositors are protected with no consumer losses in fourth Illinois bank failure of 2009
CHICAGO – The Illinois Department of Financial and Professional Regulation’s (IDFPR) Division of Banking today announced that it has taken possession and control of Strategic Capital Bank, Champaign, Illinois for the purpose of receivership and liquidation. The bank’s main office was in Champaign and they operated a loan production office in Oak Brook. The Division of Banking appointed the Federal Deposit Insurance Corporation (FDIC) as receiver for the bank under the provisions of the Illinois Banking Act.


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