# THE DES PLAINES BANK

> **Failed bank** · DES PLAINES, IL · failed 1981-03-14 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $1M

## What happened

THE DES PLAINES BANK of DES PLAINES, IL was closed by regulators 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
- **Estimated FDIC DIF cost:** $1M
- **Deposits at failure:** $43M
- **Assets at failure:** $47M
- **Acquiring bank:** 0 (0, 0)

## Other banks 0 has acquired in FDIC resolutions

- THE COMMUNITY'S BANK (BRIDGEPORT, CT) — failed 2013-09-13 — /failed-bank/4055
- NOVA BANK (BERWYN, PA) — failed 2012-10-26 — /failed-bank/4029
- BANK OF THE EASTERN SHORE (CAMBRIDGE, MD) — failed 2012-04-27 — /failed-bank/4001
- NEW CITY BANK (CHICAGO, IL) — failed 2012-03-09 — /failed-bank/3995
- HOME SAVINGS OF AMERICA (LITTLE FALLS, MN) — failed 2012-02-24 — /failed-bank/3993
- FIRSTIER BANK (LOUISVILLE, CO) — failed 2011-01-28 — /failed-bank/3901
- ENTERPRISE BANKING COMPANY (MCDONOUGH, GA) — failed 2011-01-21 — /failed-bank/3894
- FIRST ARIZONA SAVINGS, A FSB (SCOTTSDALE, AZ) — failed 2010-10-22 — /failed-bank/3871
- IDEAL FEDERAL SAVINGS BANK (BALTIMORE, MD) — failed 2010-07-09 — /failed-bank/3821
- ARCOLA HOMESTEAD SAVINGS BANK (ARCOLA, IL) — failed 2010-06-04 — /failed-bank/3814

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=THE%20DES%20PLAINES%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE DES PLAINES BANK (FDIC ID 588), failed 1981-03-14. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/588.

---

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