COMMUNITY SAVING & LOAN Failed 1989
What happened
COMMUNITY SAVING & LOAN of FOND DU LAC, WI was closed on 1989-02-17. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to BANC ONE WI (MILWAUKEE, WI). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2112
- FDIC Certificate
- 28814
- FDIC FIN
- 6957
- Bank name
- COMMUNITY SAVING & LOAN
- Location
- FOND DU LAC, WI
- Failure date
- 1989-02-17
- FDIC resolution date
- 1990-02-09
- Charter type
- SL
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $27M
- Deposits at failure
- $161M
- Assets at failure
- $185M
- Acquiring bank
- BANC ONE WI (MILWAUKEE, WI)