TELEGRAPH S&LA Failed 1980
What happened
TELEGRAPH S&LA of CHICAGO, IL was closed on 1980-05-01. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to FIRST FS&LA OF CHICAGO (CHICAGO, IL). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 570
- FDIC Certificate
- 29900
- FDIC FIN
- 0
- Bank name
- TELEGRAPH S&LA
- Location
- CHICAGO, IL
- Failure date
- 1980-05-01
- FDIC resolution date
- 1980-05-01
- Charter type
- SL
- Resolution type
- A/A
- Deposits at failure
- $218M
- Assets at failure
- $264M
- Acquiring bank
- FIRST FS&LA OF CHICAGO (CHICAGO, IL)
Other banks FIRST FS&LA OF CHICAGO acquired in FDIC resolutions