ENTERPRISE SAVINGS BANK, FA Failed 1990
What happened
ENTERPRISE SAVINGS BANK, FA of CHICAGO, IL was closed on 1990-12-27. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to UNITED FB (GALESBURG, IL). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2977
- FDIC Certificate
- 29415
- FDIC FIN
- 7263
- Bank name
- ENTERPRISE SAVINGS BANK, FA
- Location
- CHICAGO, IL
- Failure date
- 1990-12-27
- FDIC resolution date
- 1990-12-27
- Charter type
- Savings bank
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $13M
- Deposits at failure
- $322M
- Assets at failure
- $433M
- Acquiring bank
- UNITED FB (GALESBURG, IL)