SUPERIOR BANK, FSB Failed 2001

HINSDALE, IL · Savings bank · view on FDIC BankFind ↗

What happened

SUPERIOR BANK, FSB of HINSDALE, IL was closed on 2001-07-27. The FDIC was named receiver.

Resolution: Payout / Insured deposits — FDIC paid insured deposits directly to depositors

Deposits were transferred to CHARTER ONE BANK, FSB (CLEVELAND, OH). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
3533
FDIC Certificate
32646
FDIC FIN
6004
Bank name
SUPERIOR BANK, FSB
Location
HINSDALE, IL
Failure date
2001-07-27
FDIC resolution date
2001-10-31
Charter type
Savings bank
Resolution type
Payout / Insured deposits — FDIC paid insured deposits directly to depositors
FDIC DIF cost (est.)
$287M
Deposits at failure
$1,610M
Assets at failure
$1,765M
Acquiring bank
CHARTER ONE BANK, FSB (CLEVELAND, OH)