CONTINENTAL ILLINOIS NAT BK & TR Failed 1984

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

What happened

CONTINENTAL ILLINOIS NAT BK & TR of CHICAGO, IL was closed on 1984-05-17. The FDIC was named receiver.

Resolution: A/A

Deposits were transferred to CONTINENTAL ILLINOIS NAT BK (CHICAGO, IL). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
878
FDIC Certificate
3622
FDIC FIN
2402
Bank name
CONTINENTAL ILLINOIS NAT BK & TR
Location
CHICAGO, IL
Failure date
1984-05-17
FDIC resolution date
1984-05-17
Charter type
National commercial bank (OCC-chartered)
Resolution type
A/A
FDIC DIF cost (est.)
$1,109M
Deposits at failure
$28,590M
Assets at failure
$39,957M
Acquiring bank
CONTINENTAL ILLINOIS NAT BK (CHICAGO, IL)