# LOVES PARK FSB

> **Failed bank** · LOVES PARK, IL · failed 1988-09-21 · Savings bank · FDIC cost $5M

## What happened

LOVES PARK FSB of LOVES PARK, IL was closed by state regulators 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
- **Estimated FDIC DIF cost:** $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 has acquired in FDIC resolutions

- FIRST FS&LA OF FREEPORT (FREEPORT, IL) — failed 1985-05-28 — /failed-bank/996

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=LOVES%20PARK%20FSB

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, LOVES PARK FSB (FDIC ID 1929), failed 1988-09-21. Retrieved via AI Analytics 2026-06-24 from https://api.ai-analytics.org/failed-bank/1929.

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