# FIDELITY FS&LA

> **Failed bank** · BERWYN, IL · failed 1988-09-01 · SL · FDIC cost $4M

## What happened

FIDELITY FS&LA of BERWYN, IL was closed by state regulators 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
- **Estimated FDIC DIF cost:** $4M
- **Deposits at failure:** $39M
- **Assets at failure:** $37M
- **Acquiring bank:** UNITED SAVINGS OF AMERICA (CHICAGO, IL)

## Other banks UNITED SAVINGS OF AMERICA has acquired in FDIC resolutions

- FIRST FS&LA OF TAYLORVILLE (TAYLORVILLE, IL) — failed 1988-08-10 — /failed-bank/1851

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIDELITY FS&LA (FDIC ID 1911), failed 1988-09-01. Retrieved via AI Analytics 2026-07-04 from https://api.ai-analytics.org/failed-bank/1911.

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