GIBSON FEDERAL S&LA Failed 1987
What happened
GIBSON FEDERAL S&LA of GIBSON CITY, IL was closed on 1987-12-31. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to CHAMPION FEDERAL S&LA (BLOOMINGTON, IL). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1593
- FDIC Certificate
- 31327
- FDIC FIN
- 1719
- Bank name
- GIBSON FEDERAL S&LA
- Location
- GIBSON CITY, IL
- Failure date
- 1987-12-31
- FDIC resolution date
- 1987-12-31
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $37M
- Deposits at failure
- $146M
- Assets at failure
- $132M
- Acquiring bank
- CHAMPION FEDERAL S&LA (BLOOMINGTON, IL)