GLEN ELLYN S&LA Failed 1985
What happened
GLEN ELLYN S&LA of GLEN ELLYN, IL was closed on 1985-09-20. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to CITICORP SAVINGS OF ILLINOI (CHICAGO, IL). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1070
- FDIC Certificate
- 30916
- FDIC FIN
- 1771
- Bank name
- GLEN ELLYN S&LA
- Location
- GLEN ELLYN, IL
- Failure date
- 1985-09-20
- FDIC resolution date
- 1988-12-31
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $18M
- Deposits at failure
- $101M
- Assets at failure
- $122M
- Acquiring bank
- CITICORP SAVINGS OF ILLINOI (CHICAGO, IL)
Other banks CITICORP SAVINGS OF ILLINOI acquired in FDIC resolutions