# LYONS FEDERAL TRUST & SAVINGS

> **Failed bank** · COUNTRYSIDE, IL · failed 1987-09-24 · Savings bank · FDIC cost $562M

## What happened

LYONS FEDERAL TRUST & SAVINGS of COUNTRYSIDE, IL was closed by state regulators on **1987-09-24**. The FDIC was named receiver.

**Resolution:** A/A

Deposits were transferred to **SUPERIOR BANK, FSB** (HINSDALE, IL). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1523
- **FDIC Certificate:** 29296
- **FDIC FIN:** 1786
- **Bank name:** LYONS FEDERAL TRUST & SAVINGS
- **Location:** COUNTRYSIDE, IL
- **Failure date:** 1987-09-24
- **FDIC resolution date:** 1988-12-07
- **Charter type:** Savings bank
- **Resolution type:** A/A
- **Estimated FDIC DIF cost:** $562M
- **Deposits at failure:** $1,545M
- **Assets at failure:** $2,275M
- **Acquiring bank:** SUPERIOR BANK, FSB (HINSDALE, IL)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=LYONS%20FEDERAL%20TRUST%20%26%20SAVINGS

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, LYONS FEDERAL TRUST & SAVINGS (FDIC ID 1523), failed 1987-09-24. Retrieved via AI Analytics 2026-07-10 from https://api.ai-analytics.org/failed-bank/1523.

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