FIDELITY FS&LA Failed 1988
What happened
FIDELITY FS&LA of BERWYN, IL was closed on 1988-09-01. 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
- 1911
- FDIC Certificate
- 28547
- FDIC FIN
- 1747
- Bank name
- FIDELITY FS&LA
- Location
- BERWYN, IL
- Failure date
- 1988-09-01
- FDIC resolution date
- 1988-09-01
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $4M
- Deposits at failure
- $39M
- Assets at failure
- $37M
- Acquiring bank
- UNITED SAVINGS OF AMERICA (CHICAGO, IL)
Other banks UNITED SAVINGS OF AMERICA acquired in FDIC resolutions