FINANCIAL SECURITY S&LA Failed 1981
What happened
FINANCIAL SECURITY S&LA of ELK GROVE VILLAGE, IL was closed on 1981-06-01. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to LAND OF LINCOLN S&LA (BERWYN, IL). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 595
- FDIC Certificate
- 28190
- FDIC FIN
- 1608
- Bank name
- FINANCIAL SECURITY S&LA
- Location
- ELK GROVE VILLAGE, IL
- Failure date
- 1981-06-01
- FDIC resolution date
- 1981-06-01
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $16M
- Deposits at failure
- $50M
- Assets at failure
- $64M
- Acquiring bank
- LAND OF LINCOLN S&LA (BERWYN, IL)