PATHWAY FINANCIAL Failed 1988
What happened
PATHWAY FINANCIAL of CHICAGO, IL was closed on 1988-12-30. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to PATHWAY FINANCIAL A FA (CHICAGO, IL). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2060
- FDIC Certificate
- 30420
- FDIC FIN
- 1780
- Bank name
- PATHWAY FINANCIAL
- Location
- CHICAGO, IL
- Failure date
- 1988-12-30
- FDIC resolution date
- 1988-12-30
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $498M
- Deposits at failure
- $938M
- Assets at failure
- $1,223M
- Acquiring bank
- PATHWAY FINANCIAL A FA (CHICAGO, IL)