TellerScore

Bank failure · IL

American Heritage Savings Fa (Bloomington, IL) — failed August 28, 1984

American Heritage Savings Fa of Bloomington, Illinois was closed on August 28, 1984 and resolved through a a/a. Household Bank FSB (CA) took over its insured deposits. At failure it held $277.0M in assets and $256.4M in deposits. The FDIC's estimated loss on the failure is $42.9M (15.5% of assets).

Closing date
August 28, 1984
FDIC certificate #
31284
Resolution
A/A (assistance)
Acquiring institution
Household Bank FSB
Insurance fund
FSLIC

Other failures in 1984

What happens when a bank fails