# BANK USA, FEDERAL ASSOCIATION

> **Failed bank** · SILVIS, IL · failed 1990-05-25 · SL · FDIC cost $-0M

## What happened

BANK USA, FEDERAL ASSOCIATION of SILVIS, IL was closed by state regulators on **1990-05-25**. The FDIC was named receiver.

**Resolution:** Insured Deposit Transfer — insured deposits transferred to another bank

Deposits were transferred to **METROBANK** (EAST MOLINE, IL). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2781
- **FDIC Certificate:** 31938
- **FDIC FIN:** 7217
- **Bank name:** BANK USA, FEDERAL ASSOCIATION
- **Location:** SILVIS, IL
- **Failure date:** 1990-05-25
- **FDIC resolution date:** 1990-11-09
- **Charter type:** SL
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $-0M
- **Deposits at failure:** $21M
- **Assets at failure:** $23M
- **Acquiring bank:** METROBANK (EAST MOLINE, IL)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=BANK%20USA%2C%20FEDERAL%20ASSOCIATION

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, BANK USA, FEDERAL ASSOCIATION (FDIC ID 2781), failed 1990-05-25. Retrieved via AI Analytics 2026-07-17 from https://api.ai-analytics.org/failed-bank/2781.

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