HERITAGE SAVINGS ASSOC. Failed 1989
What happened
HERITAGE SAVINGS ASSOC. of JERSEYVILLE, IL was closed on 1989-08-24. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to CARROLLTON B&TC (CARROLLTON, IL). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2498
- FDIC Certificate
- 30628
- FDIC FIN
- 7146
- Bank name
- HERITAGE SAVINGS ASSOC.
- Location
- JERSEYVILLE, IL
- Failure date
- 1989-08-24
- FDIC resolution date
- 1990-08-24
- Charter type
- SL
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $0M
- Deposits at failure
- $28M
- Assets at failure
- $33M
- Acquiring bank
- CARROLLTON B&TC (CARROLLTON, IL)