REPUBLIC FSB Failed 1992
What happened
REPUBLIC FSB of MATTESON, IL was closed on 1992-06-05. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to REGENCY SB, FSB (NAPERVILLE, IL). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3337
- FDIC Certificate
- 32389
- FDIC FIN
- 1216
- Bank name
- REPUBLIC FSB
- Location
- MATTESON, IL
- Failure date
- 1992-06-05
- FDIC resolution date
- 1992-11-06
- Charter type
- Savings bank
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $0M
- Deposits at failure
- $264M
- Assets at failure
- $290M
- Acquiring bank
- REGENCY SB, FSB (NAPERVILLE, IL)