Bank failure · IL
Chatham Bank of Chicago (Chicago, IL) — failed August 23, 1963
Chatham Bank of Chicago of Chicago, Illinois was closed on August 23, 1963 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $19.1M in assets and $16.8M in deposits.
- Closing date
- August 23, 1963
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- FDIC