# SKOKIE FS & LA

> **Failed bank** · SKOKIE, IL · failed 1989-03-16 · SL · FDIC cost $117M

## What happened

SKOKIE FS & LA of SKOKIE, 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 **AFFILIATED BANK/NO. SHORE N** (CHICAGO, IL). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2243
- **FDIC Certificate:** 30935
- **FDIC FIN:** 6955
- **Bank name:** SKOKIE FS & LA
- **Location:** SKOKIE, IL
- **Failure date:** 1989-03-16
- **FDIC resolution date:** 1990-02-06
- **Charter type:** SL
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $117M
- **Deposits at failure:** $769M
- **Assets at failure:** $1,005M
- **Acquiring bank:** AFFILIATED BANK/NO. SHORE N (CHICAGO, IL)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, SKOKIE FS & LA (FDIC ID 2243), failed 1989-03-16. Retrieved via AI Analytics 2026-05-20 from https://api.ai-analytics.org/failed-bank/2243.

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