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Harvard Illinois Bancorp, which has struggled with persistent activist pressure and exposure to a fraud scheme, is preparing to wind down its operations.
May 21 -
Joseph Stilwell hopes a fourth challenge against Harvard Illinois Bancorp is successful.
March 9 -
The $171 million-asset company said in a press release Wednesday that it was recently informed that certain loans used to back its investment in repurchase agreements may be fraudulent.
October 1
Harvard Illinois Bancorp shareholders have approved an agreement to sell the company, a big step toward a
At the $161 million-asset company's Aug. 27 annual meeting, shareholders voted in favor of an acquisition by the $169 million-asset Wonder Bancorp in Wonder Lake, Ill.
The company had been facing
A representative from the Stilwell Group declined to comment on the shareholder vote.
