# HOME FS&LA

> **Failed bank** · PEORIA, IL · failed 1988-07-28 · SL · FDIC cost $29M

## What happened

HOME FS&LA of PEORIA, IL was closed by state regulators 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:** 1802
- **FDIC Certificate:** 30302
- **FDIC FIN:** 1735
- **Bank name:** HOME FS&LA
- **Location:** PEORIA, IL
- **Failure date:** 1988-07-28
- **FDIC resolution date:** 1988-07-28
- **Charter type:** SL
- **Resolution type:** A/A
- **Estimated FDIC DIF cost:** $29M
- **Deposits at failure:** $126M
- **Assets at failure:** $115M
- **Acquiring bank:** RIVER VALLEY SB FSB (PEORIA, IL)

## Other banks RIVER VALLEY SB FSB has acquired in FDIC resolutions

- PEORIA S&LA (PEORIA, IL) — failed 1988-12-31 — /failed-bank/2063
- MUTUAL FS&LA (CANTON, IL) — failed 1988-07-28 — /failed-bank/1803
- GALVA FS&LA (GALVA, IL) — failed 1988-07-28 — /failed-bank/1801

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=HOME%20FS%26LA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, HOME FS&LA (FDIC ID 1802), failed 1988-07-28. Retrieved via AI Analytics 2026-06-12 from https://api.ai-analytics.org/failed-bank/1802.

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