THE DES PLAINES BANK Failed 1981

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

What happened

THE DES PLAINES BANK of DES PLAINES, IL was closed on 1981-03-14. 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
588
FDIC Certificate
18373
FDIC FIN
6370
Bank name
THE DES PLAINES BANK
Location
DES PLAINES, IL
Failure date
1981-03-14
FDIC resolution date
1981-03-14
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
PO
FDIC DIF cost (est.)
$1M
Deposits at failure
$43M
Assets at failure
$47M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions