A year ago, FBOP Corp. owner Michael Kelly was told his Oak Park-based company, owner of Park National Bank and eight other U.S. lenders, had been approved for a capital infusion from the U.S ...

Park National Bank was known for caring deeply about its local community. The flagship bank of FBOP Corp. donated 28 percent of its profits to Chicago's West side communities, made zero-interest loans ...

Oak Park’s ailing FBOP Corp. is running out of time in its monthslong bid to find new capital to stave off regulators and creditors. The Federal Reserve said Monday that the Chicago area&#821… ...

The Federal Bureau of Prisons (FBOP) notified Congress of intentions to suspend operations at several federal prisons, including one in Morgantown, West Virginia.

FBOP has been badly damaged by the real estate bust and also lost a bundle on investments in Fannie Mae and Freddie Mac. As a result, the company is now " critically undercapitalized." As of June ...

Read the latest FBOP Corp. articles with information that impacts Chicago and surrounding areas.

WASHINGTON (CBS.MW) -- FBOP Corp., a closely held bank holding company based in Oak Park, Ill., disclosed Tuesday in regulatory documents that it intends to acquire control of PBOC Holdings, a $3. ...

9 banks in major holding company fail FBOP's banks in California, Illinois, Texas and Arizona bring the number of '09 failures to 115. Depositors insured up to $250,000.

(Crain’s) — FBOP Corp., the Chicago area’s third-largest locally based bank holding company, reported a $99-million net loss for the first half of 2009. The loan losses follow last year’s ...

Over a year after being hit hard by the takeover of Fannie Mae and Freddie Mac, FBOP Corp.'s nine banks totaling $19B in assets were closed by the government Friday night.

(Crain's) -- FBOP Corp.'s $30.5 million deal to acquire PFF Bancorp Inc. is off after the federal government on Friday took over the ailing California holding company's thrift operations and sold ...