# NORTH WEST, FS&LA

> **Failed bank** · CHICAGO, IL · failed 1982-02-20 · SL · FDIC cost $90M

## What happened

NORTH WEST, FS&LA of CHICAGO, IL was closed by state regulators on **1982-02-20**. The FDIC was named receiver.

**Resolution:** A/A

Deposits were transferred to **TALMAN HOME, FS&LA** (CHICAGO, IL). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 643
- **FDIC Certificate:** 27828
- **FDIC FIN:** 0
- **Bank name:** NORTH WEST, FS&LA
- **Location:** CHICAGO, IL
- **Failure date:** 1982-02-20
- **FDIC resolution date:** 1982-02-20
- **Charter type:** SL
- **Resolution type:** A/A
- **Estimated FDIC DIF cost:** $90M
- **Deposits at failure:** $1,137M
- **Assets at failure:** $1,281M
- **Acquiring bank:** TALMAN HOME, FS&LA (CHICAGO, IL)

## Other banks TALMAN HOME, FS&LA has acquired in FDIC resolutions

- UNITY, SA (NORRIDGE, IL) — failed 1982-02-20 — /failed-bank/646
- ALLIANCE, S&LA (CHICAGO, IL) — failed 1982-02-20 — /failed-bank/645
- TALMAN HOME, FS&LA (CHICAGO, IL) — failed 1982-02-20 — /failed-bank/644

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=NORTH%20WEST%2C%20FS%26LA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, NORTH WEST, FS&LA (FDIC ID 643), failed 1982-02-20. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/643.

---

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