Ravenswood Bank, Chicago, Illinois, was closed by the Illinois Department of Financial and Professional Regulation – Division of Banking. Federal Deposit Insurance Corporation (FDIC) was appointed receiver. FDIC entered into a purchase and assumption agreement with Northbrook Bank and Trust Company, Northbrook, Illinois. Kappa Alpha Psi Federal Credit Union of Addison, Texas, placed into liquidation. The NCUA liquidated Certified Federal Credit U of Commerce, Calif., on July 31, and placed it in liquidation earlier this week.”]
Source: https://www.cuinfosecurity.com/one-bank-fails-on-aug-6-a-2828