Bank failure · IL

Chicagoland Fs&la (Chicago, IL) — failed December 17, 1982

Chicagoland Fs&la of Chicago, Illinois was closed on December 17, 1982 and resolved through a a/a. Great American Fs&la (IL) took over its insured deposits. At failure it held $140.5M in assets and $126.3M in deposits. The FDIC's estimated loss on the failure is $9.8M (7.0% of assets).