THE GUARANTY BANK & TRUST COMPANY Failed 1979

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

What happened

THE GUARANTY BANK & TRUST COMPANY of CHICAGO, IL was closed on 1979-07-14. The FDIC was named receiver.

Resolution: P&A

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

Key facts

FDIC ID
556
FDIC Certificate
16403
FDIC FIN
0
Bank name
THE GUARANTY BANK & TRUST COMPANY
Location
CHICAGO, IL
Failure date
1979-07-14
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
P&A
Deposits at failure
$7M
Assets at failure
$8M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions