LOVES PARK FSB Failed 1988
What happened
LOVES PARK FSB of LOVES PARK, IL was closed on 1988-09-21. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to HOME FS&LA OF ROCKFORD (ROCKFORD, IL). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1929
- FDIC Certificate
- 31299
- FDIC FIN
- 1751
- Bank name
- LOVES PARK FSB
- Location
- LOVES PARK, IL
- Failure date
- 1988-09-21
- FDIC resolution date
- 1988-09-21
- Charter type
- Savings bank
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $5M
- Deposits at failure
- $45M
- Assets at failure
- $41M
- Acquiring bank
- HOME FS&LA OF ROCKFORD (ROCKFORD, IL)
Other banks HOME FS&LA OF ROCKFORD acquired in FDIC resolutions