LIBERTYVILLE FED. S & L ASSOC. Failed 1989
What happened
LIBERTYVILLE FED. S & L ASSOC. of LIBERTYVILLE, IL was closed on 1989-04-06. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to HARRIS BANK LIBERTYVILLE (LIBERTYVILLE, IL). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2317
- FDIC Certificate
- 27663
- FDIC FIN
- 6969
- Bank name
- LIBERTYVILLE FED. S & L ASSOC.
- Location
- LIBERTYVILLE, IL
- Failure date
- 1989-04-06
- FDIC resolution date
- 1990-04-27
- Charter type
- SL
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $0M
- Deposits at failure
- $95M
- Assets at failure
- $101M
- Acquiring bank
- HARRIS BANK LIBERTYVILLE (LIBERTYVILLE, IL)