# ARLINGTON HEIGHTS SAVINGS ASSOC.

> **Failed bank** · ARLINGTON HEIGHTS, IL · failed 1989-12-07 · SL · FDIC cost $0M

## What happened

ARLINGTON HEIGHTS SAVINGS ASSOC. of ARLINGTON HEIGHTS, IL was closed by state regulators on **1989-12-07**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **CITIBANK FSB** (CHICAGO, IL). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2580
- **FDIC Certificate:** 30624
- **FDIC FIN:** 7197
- **Bank name:** ARLINGTON HEIGHTS SAVINGS ASSOC.
- **Location:** ARLINGTON HEIGHTS, IL
- **Failure date:** 1989-12-07
- **FDIC resolution date:** 1990-09-28
- **Charter type:** SL
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $0M
- **Deposits at failure:** $401M
- **Assets at failure:** $509M
- **Acquiring bank:** CITIBANK FSB (CHICAGO, IL)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, ARLINGTON HEIGHTS SAVINGS ASSOC. (FDIC ID 2580), failed 1989-12-07. Retrieved via AI Analytics 2026-06-25 from https://api.ai-analytics.org/failed-bank/2580.

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*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*