Bank failure · IL

Central Illinois B&ha (Clinton, IL) — failed February 5, 1982

Central Illinois B&ha of Clinton, Illinois was closed on February 5, 1982 and resolved through a a/a. Mutual Home&savings Assn (IL) took over its insured deposits. At failure it held $29.3M in assets and $27.1M in deposits. The FDIC's estimated loss on the failure is $4.3M (14.6% of assets).