UNION NAT BK OF CHICAGO Failed 1983

CHICAGO, IL · National commercial bank (OCC-chartered) · view on FDIC BankFind ↗

What happened

UNION NAT BK OF CHICAGO of CHICAGO, IL was closed on 1983-07-08. The FDIC was named receiver.

Resolution: Insured Deposit Transfer — insured deposits transferred to another bank

Deposits were transferred to 0 (0, 0). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
799
FDIC Certificate
16946
FDIC FIN
5436
Bank name
UNION NAT BK OF CHICAGO
Location
CHICAGO, IL
Failure date
1983-07-08
FDIC resolution date
1983-07-08
Charter type
National commercial bank (OCC-chartered)
Resolution type
Insured Deposit Transfer — insured deposits transferred to another bank
FDIC DIF cost (est.)
$4M
Deposits at failure
$24M
Assets at failure
$26M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions