HOME SAVINGS FSLA Failed 1989
What happened
HOME SAVINGS FSLA of JOLIET, IL was closed on 1989-03-16. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to FIRST MIDWEST BANK/IL, NA (PLAINFIELD, IL). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2244
- FDIC Certificate
- 31066
- FDIC FIN
- 7214
- Bank name
- HOME SAVINGS FSLA
- Location
- JOLIET, IL
- Failure date
- 1989-03-16
- FDIC resolution date
- 1990-11-09
- Charter type
- SL
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $12M
- Deposits at failure
- $139M
- Assets at failure
- $141M
- Acquiring bank
- FIRST MIDWEST BANK/IL, NA (PLAINFIELD, IL)