Crain’s Chicago Business | Seaway's struggle ends in failure; Texas bank to assume deposits Crain’s Chicago Business Seaway Bank & Trust, for decades the largest black-owned bank in Chicago, failed today after a long, fruitless search for new investors to save the bank. State bank regulators shut it down, and the Federal Deposit Insurance Corp. announced that all of … State Bank of Texas, Dallas, Acquires Seaway Bank and Trust of Chicago |
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