FIRST FS&LA OF TAYLORVILLE Failed 1988
What happened
FIRST FS&LA OF TAYLORVILLE of TAYLORVILLE, IL was closed on 1988-08-10. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to UNITED SAVINGS OF AMERICA (CHICAGO, IL). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1851
- FDIC Certificate
- 29848
- FDIC FIN
- 1738
- Bank name
- FIRST FS&LA OF TAYLORVILLE
- Location
- TAYLORVILLE, IL
- Failure date
- 1988-08-10
- FDIC resolution date
- 1988-08-10
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $3M
- Deposits at failure
- $38M
- Assets at failure
- $35M
- Acquiring bank
- UNITED SAVINGS OF AMERICA (CHICAGO, IL)
Other banks UNITED SAVINGS OF AMERICA acquired in FDIC resolutions