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Bank failure · WI

Community Saving & Loan (Fond Du Lac, WI) — failed February 17, 1989

Community Saving & Loan of Fond Du Lac, Wisconsin was closed on February 17, 1989 and resolved through a purchase and assumption. Banc One Wi (WI) took over its insured deposits. At failure it held $185.4M in assets and $161.1M in deposits. The FDIC's estimated loss on the failure is $27.2M (14.6% of assets).

Closing date
February 17, 1989
FDIC certificate #
28814
Resolution
Purchase and assumption (failure)
Acquiring institution
Banc One Wi
Insurance fund
RTC

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