# CAPITOL FS&LA

> **Failed bank** · EVERGREEN PARK, IL · failed 1988-08-11 · SL · FDIC cost $35M

## What happened

CAPITOL FS&LA of EVERGREEN PARK, IL was closed by state regulators on **1988-08-11**. The FDIC was named receiver.

**Resolution:** A/A

Deposits were transferred to **STANDARD FS&LA OF CHICAGO** (CHICAGO, IL). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1855
- **FDIC Certificate:** 28127
- **FDIC FIN:** 1739
- **Bank name:** CAPITOL FS&LA
- **Location:** EVERGREEN PARK, IL
- **Failure date:** 1988-08-11
- **FDIC resolution date:** 1988-08-11
- **Charter type:** SL
- **Resolution type:** A/A
- **Estimated FDIC DIF cost:** $35M
- **Deposits at failure:** $220M
- **Assets at failure:** $229M
- **Acquiring bank:** STANDARD FS&LA OF CHICAGO (CHICAGO, IL)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, CAPITOL FS&LA (FDIC ID 1855), failed 1988-08-11. Retrieved via AI Analytics 2026-05-24 from https://api.ai-analytics.org/failed-bank/1855.

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