CHATHAM BANK OF CHICAGO Failed 1963

CHICAGO, IL · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

CHATHAM BANK OF CHICAGO of CHICAGO, IL was closed on 1963-08-23. The FDIC was named receiver.

Resolution: PO

Deposits were transferred to 0 (0, 0). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
448
FDIC FIN
0
Bank name
CHATHAM BANK OF CHICAGO
Location
CHICAGO, IL
Failure date
1963-08-23
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
PO
Deposits at failure
$17M
Assets at failure
$19M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions