MORGAN PARK S&LA Failed 1982

CHICAGO, IL · SL · view on FDIC BankFind ↗

What happened

MORGAN PARK S&LA of CHICAGO, IL was closed on 1982-03-08. The FDIC was named receiver.

Resolution: A/A

Deposits were transferred to ILLINOIS-SERVICE FS&LA (CHICAGO, IL). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
648
FDIC Certificate
30711
FDIC FIN
1623
Bank name
MORGAN PARK S&LA
Location
CHICAGO, IL
Failure date
1982-03-08
FDIC resolution date
1982-03-08
Charter type
SL
Resolution type
A/A
FDIC DIF cost (est.)
$0M
Deposits at failure
$2M
Assets at failure
$2M
Acquiring bank
ILLINOIS-SERVICE FS&LA (CHICAGO, IL)