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Cicero, Western Springs banks on troubled list

By Staff reports
Posted Aug 31, 2010 @ 02:22 PM
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According to a company called the Bartmann Bank Monitor Report, banks in Western Springs and Cicero are considered among the 10 most troubled banks in the state.

The Western Springs Bank, which has $240,366,000 in assets, received an ‘F’ in the report, as did the Family Federal Savings bank in Cicero, which has $64,528,000 in assets.

According to spokesperson Danielle Nacco of Ericho Communications in New York, the list of banks was compiled using information available from the FDIC as well as the company’s own internal rating system.

According to a company called the Bartmann Bank Monitor Report, banks in Western Springs and Cicero are considered among the 10 most troubled banks in the state.

The Western Springs Bank, which has $240,366,000 in assets, received an ‘F’ in the report, as did the Family Federal Savings bank in Cicero, which has $64,528,000 in assets.

According to spokesperson Danielle Nacco of Ericho Communications in New York, the list of banks was compiled using information available from the FDIC as well as the company’s own internal rating system.

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