# MIDWEST HOME FSB

> **Failed bank** · BELLEVILLE, IL · failed 1989-03-16 · Savings bank · FDIC cost $16M

## What happened

MIDWEST HOME FSB of BELLEVILLE, IL was closed by state regulators on **1989-03-16**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **UMB FIRST NB** (COLLINSVILLE, IL). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2230
- **FDIC Certificate:** 27717
- **FDIC FIN:** 7237
- **Bank name:** MIDWEST HOME FSB
- **Location:** BELLEVILLE, IL
- **Failure date:** 1989-03-16
- **FDIC resolution date:** 1990-11-30
- **Charter type:** Savings bank
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $16M
- **Deposits at failure:** $106M
- **Assets at failure:** $124M
- **Acquiring bank:** UMB FIRST NB (COLLINSVILLE, IL)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, MIDWEST HOME FSB (FDIC ID 2230), failed 1989-03-16. Retrieved via AI Analytics 2026-05-19 from https://api.ai-analytics.org/failed-bank/2230.

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