GALVA FS&LA Failed 1988
What happened
GALVA FS&LA of GALVA, IL was closed on 1988-07-28. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to RIVER VALLEY SB FSB (PEORIA, IL). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1801
- FDIC Certificate
- 29707
- FDIC FIN
- 1735
- Bank name
- GALVA FS&LA
- Location
- GALVA, IL
- Failure date
- 1988-07-28
- FDIC resolution date
- 1988-07-28
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $3M
- Deposits at failure
- $14M
- Assets at failure
- $13M
- Acquiring bank
- RIVER VALLEY SB FSB (PEORIA, IL)
Other banks RIVER VALLEY SB FSB acquired in FDIC resolutions