# MORGAN PARK S&LA

> **Failed bank** · CHICAGO, IL · failed 1982-03-08 · SL · FDIC cost $0M

## What happened

MORGAN PARK S&LA of CHICAGO, IL was closed by state regulators 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
- **Estimated FDIC DIF cost:** $0M
- **Deposits at failure:** $2M
- **Assets at failure:** $2M
- **Acquiring bank:** ILLINOIS-SERVICE FS&LA (CHICAGO, IL)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=MORGAN%20PARK%20S%26LA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, MORGAN PARK S&LA (FDIC ID 648), failed 1982-03-08. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/648.

---

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