MID-STATE S&LA Failed 1989

CHAMPAIGN, IL · SL · view on FDIC BankFind ↗

What happened

MID-STATE S&LA of CHAMPAIGN, IL was closed on 1989-02-24. The FDIC was named receiver.

Resolution: Insured Deposit Transfer — insured deposits transferred to another bank

Deposits were transferred to 0 (0, 0). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
2133
FDIC Certificate
31478
FDIC FIN
6935
Bank name
MID-STATE S&LA
Location
CHAMPAIGN, IL
Failure date
1989-02-24
FDIC resolution date
1989-02-24
Charter type
SL
Resolution type
Insured Deposit Transfer — insured deposits transferred to another bank
FDIC DIF cost (est.)
$8M
Deposits at failure
$30M
Assets at failure
$28M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions