Bank failure · IL
Citizens Fs&la (Matteson, IL) — failed September 3, 1985
Citizens Fs&la of Matteson, Illinois was closed on September 3, 1985 and resolved through a a/a. Republic Savings Bank, FSB (IL) took over its insured deposits. At failure it held $133.8M in assets and $133.5M in deposits. The FDIC's estimated loss on the failure is $3.0M (2.2% of assets).
- Closing date
- September 3, 1985
- FDIC certificate #
- 27766
- Resolution
- A/A (assistance)
- Acquiring institution
- Republic Savings Bank, FSB
- Insurance fund
- FSLIC
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