# HERITAGE SAVINGS ASSOC.

> **Failed bank** · JERSEYVILLE, IL · failed 1989-08-24 · SL · FDIC cost $0M

## What happened

HERITAGE SAVINGS ASSOC. of JERSEYVILLE, IL was closed by state regulators 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
- **Estimated FDIC DIF cost:** $0M
- **Deposits at failure:** $28M
- **Assets at failure:** $33M
- **Acquiring bank:** CARROLLTON B&TC (CARROLLTON, IL)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=HERITAGE%20SAVINGS%20ASSOC.

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, HERITAGE SAVINGS ASSOC. (FDIC ID 2498), failed 1989-08-24. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/2498.

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