Bank failure · IL
Clyde Fs & LA (North Riverside, IL) — failed February 2, 1990
Clyde Fs & LA of North Riverside, Illinois was closed on February 2, 1990 and resolved through a purchase and assumption. Mid-City Nb of Chicago (IL) took over its insured deposits. At failure it held $574.7M in assets and $563.7M in deposits. The FDIC's estimated loss on the failure is $54.3M (9.4% of assets).
- Closing date
- February 2, 1990
- FDIC certificate #
- 29470
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Mid-City Nb of Chicago
- Insurance fund
- RTC
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