HOME FS & LA OF CENTRALIA Failed 1989
What happened
HOME FS & LA OF CENTRALIA of CENTRALIA, IL was closed on 1989-03-16. The FDIC was named receiver.
Resolution: Insured Deposit Transfer — insured deposits transferred to another bank
Deposits were transferred to MAGNA BANK OF CENTRALIA (CENTRALIA, IL). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2234
- FDIC Certificate
- 28707
- FDIC FIN
- 6991
- Bank name
- HOME FS & LA OF CENTRALIA
- Location
- CENTRALIA, IL
- Failure date
- 1989-03-16
- FDIC resolution date
- 1990-05-08
- Charter type
- SL
- Resolution type
- Insured Deposit Transfer — insured deposits transferred to another bank
- FDIC DIF cost (est.)
- $4M
- Deposits at failure
- $48M
- Assets at failure
- $48M
- Acquiring bank
- MAGNA BANK OF CENTRALIA (CENTRALIA, IL)