CITIZENS SAVINGS AND LOAN Failed 1988
What happened
CITIZENS SAVINGS AND LOAN of EAST ALTON, IL was closed on 1988-04-11. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to LEMONT SAVINGS ASSN (LEMONT, IL). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1663
- FDIC Certificate
- 30061
- FDIC FIN
- 1726
- Bank name
- CITIZENS SAVINGS AND LOAN
- Location
- EAST ALTON, IL
- Failure date
- 1988-04-11
- FDIC resolution date
- 1988-04-11
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $6M
- Deposits at failure
- $41M
- Assets at failure
- $36M
- Acquiring bank
- LEMONT SAVINGS ASSN (LEMONT, IL)