# UNITED OF AMERICA BANK

> **Failed bank** · CHICAGO, IL · failed 1984-04-26 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $1M

## What happened

UNITED OF AMERICA BANK of CHICAGO, IL was closed by regulators on **1984-04-26**. The FDIC was named receiver.

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

Deposits were transferred to **MID-CITY NB OF CHICAGO** (CHICAGO, IL). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 867
- **FDIC Certificate:** 18527
- **FDIC FIN:** 6471
- **Bank name:** UNITED OF AMERICA BANK
- **Location:** CHICAGO, IL
- **Failure date:** 1984-04-26
- **FDIC resolution date:** 1984-04-26
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $1M
- **Deposits at failure:** $37M
- **Assets at failure:** $38M
- **Acquiring bank:** MID-CITY NB OF CHICAGO (CHICAGO, IL)

## Other banks MID-CITY NB OF CHICAGO has acquired in FDIC resolutions

- CLYDE FS & LA (NORTH RIVERSIDE, IL) — failed 1990-02-02 — /failed-bank/2643

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=UNITED%20OF%20AMERICA%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, UNITED OF AMERICA BANK (FDIC ID 867), failed 1984-04-26. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/867.

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