# LINCOLN PARK SAVINGS BANK

> **Failed bank** · CHICAGO, IL · failed 2010-04-23 · SI · FDIC cost $38M

## What happened

LINCOLN PARK SAVINGS BANK of CHICAGO, IL was closed by state regulators on **2010-04-23**. The FDIC was named receiver.

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

Deposits were transferred to **NORTHBROOK BANK AND TRUST COMPANY** (NORTHBROOK, IL). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3787
- **FDIC Certificate:** 30600
- **FDIC FIN:** 10221
- **Bank name:** LINCOLN PARK SAVINGS BANK
- **Location:** CHICAGO, IL
- **Failure date:** 2010-04-23
- **FDIC resolution date:** 2010-04-23
- **Charter type:** SI
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $38M
- **Deposits at failure:** $163M
- **Assets at failure:** $195M
- **Acquiring bank:** NORTHBROOK BANK AND TRUST COMPANY (NORTHBROOK, IL)

## Other banks NORTHBROOK BANK AND TRUST COMPANY has acquired in FDIC resolutions

- FIRST CHICAGO BANK & TRUST (CHICAGO, IL) — failed 2011-07-08 — /failed-bank/3939
- COMMUNITY FIRST BANK - CHICAGO (CHICAGO, IL) — failed 2011-02-04 — /failed-bank/3904
- RAVENSWOOD BANK (CHICAGO, IL) — failed 2010-08-06 — /failed-bank/3842

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=LINCOLN%20PARK%20SAVINGS%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, LINCOLN PARK SAVINGS BANK (FDIC ID 3787), failed 2010-04-23. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/3787.

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