# GLEN ELLYN  S&LA

> **Failed bank** · GLEN ELLYN, IL · failed 1985-09-20 · SL · FDIC cost $18M

## What happened

GLEN ELLYN  S&LA of GLEN ELLYN, IL was closed by state regulators 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
- **Estimated FDIC DIF cost:** $18M
- **Deposits at failure:** $101M
- **Assets at failure:** $122M
- **Acquiring bank:** CITICORP SAVINGS OF ILLINOI (CHICAGO, IL)

## Other banks CITICORP SAVINGS OF ILLINOI has acquired in FDIC resolutions

- FIRST FS&LA OF CHICAGO (GALENA, IL) — failed 1982-04-03 — /failed-bank/659

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=GLEN%20ELLYN%20%20S%26LA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, GLEN ELLYN  S&LA (FDIC ID 1070), failed 1985-09-20. Retrieved via AI Analytics 2026-06-24 from https://api.ai-analytics.org/failed-bank/1070.

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