Bank Branches › Closed and merged banks › Illinois › Midwestern Savings Association
What happened to Midwestern Savings Association?
Midwestern Savings Association in Macomb, IL was closed in a federal resolution, and its business passed to The Union National Bank of Macomb of Macomb, IL on Jun 22, 1990. After 1 more change of hands, what was Midwestern Savings Association is today part of MidAmerica National Bank (Canton, IL).
The chain, step by step
From the day it opened to the bank at the end of the chain today. Each step is one entry in the FDIC's record.
- 1882Midwestern Savings Association opens in Macomb, IL
- Jun 22, 1990RESOLVEDMidwestern Savings Association was closed in a federal resolution, and its business passed to The Union National Bank of Macomb of Macomb, IL.FDIC certificate 27829 ends; its business continues under certificate 3700. The FDIC's failure list dates the failure Mar 16, 1989.
- Jun 30, 1997MERGEDThe Union National Bank of Macomb of Macomb, IL merged into The National Bank of Canton of Canton, IL.FDIC certificate 3700 ends; its business continues under certificate 3612.
- TodayOPEN
MidAmerica National BankMain office Canton, IL · FDIC certificate 3612 · 6 offices in 1 state on June 30, 2026Every MidAmerica National Bank office → Website on file with the FDIC: www.midnatbank.com
If you still have something from Midwestern Savings Association
A lien that was never released
Midwestern Savings Association failed on Mar 16, 1989, handled by the Resolution Trust Corporation, the agency that closed failed savings institutions from 1989 to 1995. The FDIC's lien-release page covers failed banks and savings and loans placed in FDIC receivership; it does not say how releases work for resolutions this old.
Call FDIC Resolution Inquiries at 888-206-4662 (8am–4pm Central, weekdays) and ask whether the FDIC holds this institution's receivership. Ask MidAmerica National Bank as well: the chain above leads there. The FDIC's own instructions are at FDIC, Obtaining a Lien Release.
An old account, passbook or CD
When a healthy bank assumes a failed bank's deposits, insured depositors become its customers right away (here, The Union National Bank of Macomb). Start with MidAmerica National Bank, and ask them to search under the name Midwestern Savings Association.
This failure is older than the current federal rule on unclaimed deposits (mid-1993), so different rules apply. Search FDIC unclaimed funds search, search the unclaimed-property program of the state of the owner's last known address on the bank's records, and ask FDIC Resolution Inquiries at 888-206-4662 what applies to this institution.
A safe deposit box
The FDIC says that when a healthy bank assumes a failed bank's deposits, the branches usually reopen the next business day with box access. Today, ask MidAmerica National Bank. A box abandoned for years may have been turned over to the state's unclaimed-property program.
Box contents are not covered by FDIC insurance.
Not sure this is your bank?
Many banks shared a name. Match the city and the years above against your paperwork, or search again with the town.
Credit unions were never FDIC-insured and are not in this record; the NCUA credit union lookup covers those. Banks that closed before about 1970 are not in the FDIC's list either.
One caution: banks also sell single branches. If the office you used was sold to a different bank along the way, the account went with the branch, not with this chain.
This page is drawn from FDIC records and federal guidance. It is not legal advice, and BankBranches is not a bank or a government office. More detail: lien releases · old passbooks and CDs · safe deposit boxes · unclaimed money.
Where the guidance comes from ▾
Banks folded into Midwestern Savings Association
1 bank merged directly into this charter.
| Bank | Ended |
|---|---|
| First Federal Savings and Loan Association of Fulton CountyCanton, IL | Mar 31, 1982 |
Source: FDIC BankFind institution and history records, read Nov 15, 2026. The FDIC's list covers banks that ended in about 1970 or later. Look up certificate 27829 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.