Flood destroys contents of Burlington bank vault, leaving Federal Reserve to replace every dollar

BURLINGTON - Flooding last week on the Fox River destroyed all the cash in the vault at Fox River State Bank.

Bank president Keith Polleck would not disclose how much money was ruined but said the Federal Reserve will have to replace every dollar.

Polleck told WISN-TV that the vault is water resistant but not waterproof. As the Fox River rose above flood stage, water flooded the bank, rising up to 21 inches deep inside the facility.

Now that the river is back below flood stage, restoration crews have started to clean up. Carpets have been ripped out. Drywall is being replaced. The bank’s documents are drying, though most are backed up electronically.