REPUBLIC SAVINGS BANK Failed 1986
What happened
REPUBLIC SAVINGS BANK of SOUTH BELOIT, IL was closed on 1986-10-01. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to RIVER VALLEY SAVINGS BANK (ROCK FALLS, IL). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1282
- FDIC Certificate
- 31384
- FDIC FIN
- 1736
- Bank name
- REPUBLIC SAVINGS BANK
- Location
- SOUTH BELOIT, IL
- Failure date
- 1986-10-01
- FDIC resolution date
- 1988-07-28
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $20M
- Deposits at failure
- $60M
- Assets at failure
- $57M
- Acquiring bank
- RIVER VALLEY SAVINGS BANK (ROCK FALLS, IL)