# WASHINGTON NAT BK OF CHICAGO

> **Failed bank** · CHICAGO, IL · failed 1984-05-18 · National commercial bank (OCC-chartered) · FDIC cost $2M

## What happened

WASHINGTON NAT BK OF CHICAGO of CHICAGO, IL was closed by the OCC on **1984-05-18**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **BANCO POPULAR DE PUERTO** (SAN JUAN, PR). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 882
- **FDIC Certificate:** 22568
- **FDIC FIN:** 2390
- **Bank name:** WASHINGTON NAT BK OF CHICAGO
- **Location:** CHICAGO, IL
- **Failure date:** 1984-05-18
- **FDIC resolution date:** 1984-05-18
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $2M
- **Deposits at failure:** $14M
- **Assets at failure:** $14M
- **Acquiring bank:** BANCO POPULAR DE PUERTO (SAN JUAN, PR)

## Other banks BANCO POPULAR DE PUERTO has acquired in FDIC resolutions

- BANCO DE AHORRO, F.S.B. (MAYAGUEZ, PR) — failed 1986-05-30 — /failed-bank/1204
- UNION TRUST COMPANY (SAN JUAN, PR) — failed 1983-12-09 — /failed-bank/838

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=WASHINGTON%20NAT%20BK%20OF%20CHICAGO

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, WASHINGTON NAT BK OF CHICAGO (FDIC ID 882), failed 1984-05-18. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/882.

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