Crain's Chicago Business reported on April 22 that "Harris N.A. has submitted a bid with the Federal Deposit Insurance Corp. to purchase all or part of Amcore Bank, according to people familiar with the matter". The FDIC bidding process on seven Chicago banks just recently ended and the closures can begin as early as today, April 23, 2010.

In related Chicago BankFailFriday news, Crains Chicago Business reported in April 21 that " New Century Bank President and CEO Faye T. Pantazelos said Tuesday night that she hasn't been able to raise the capital the troubled Chicago-based commercial real estate lender needs to avert failure and is considering resigning."

The FDIC will be very busy in Chicago.

If you are in Chicago and see a bank being closed be sure to tweet @BankFailFriday and let us know what is going on.