# PEORIA S&LA

> **Failed bank** · PEORIA, IL · failed 1988-12-31 · SL · FDIC cost $20M

## What happened

PEORIA S&LA of PEORIA, IL was closed by state regulators on **1988-12-31**. The FDIC was named receiver.

**Resolution:** A/A

Deposits were transferred to **RIVER VALLEY SB FSB** (PEORIA, IL). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2063
- **FDIC Certificate:** 30162
- **FDIC FIN:** 1788
- **Bank name:** PEORIA S&LA
- **Location:** PEORIA, IL
- **Failure date:** 1988-12-31
- **FDIC resolution date:** 1988-12-31
- **Charter type:** SL
- **Resolution type:** A/A
- **Estimated FDIC DIF cost:** $20M
- **Deposits at failure:** $148M
- **Assets at failure:** $172M
- **Acquiring bank:** RIVER VALLEY SB FSB (PEORIA, IL)

## Other banks RIVER VALLEY SB FSB has acquired in FDIC resolutions

- MUTUAL FS&LA (CANTON, IL) — failed 1988-07-28 — /failed-bank/1803
- HOME FS&LA (PEORIA, IL) — failed 1988-07-28 — /failed-bank/1802
- GALVA FS&LA (GALVA, IL) — failed 1988-07-28 — /failed-bank/1801

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, PEORIA S&LA (FDIC ID 2063), failed 1988-12-31. Retrieved via AI Analytics 2026-07-11 from https://api.ai-analytics.org/failed-bank/2063.

---

*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*