1ST FS&LA OF E. CHICAGO Failed 1983
What happened
1ST FS&LA OF E. CHICAGO of EAST CHICAGO, IN was closed on 1983-08-31. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to CITIZENS FS&LA (HAMMOND, IN). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 813
- FDIC Certificate
- 29255
- FDIC FIN
- 0
- Bank name
- 1ST FS&LA OF E. CHICAGO
- Location
- EAST CHICAGO, IN
- Failure date
- 1983-08-31
- FDIC resolution date
- 1983-08-31
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $12M
- Deposits at failure
- $211M
- Assets at failure
- $210M
- Acquiring bank
- CITIZENS FS&LA (HAMMOND, IN)
Other banks CITIZENS FS&LA acquired in FDIC resolutions