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Bank failure · IL

Cook County Fs&la (Chicago, IL) — failed February 3, 1989

Cook County Fs&la of Chicago, Illinois was closed on February 3, 1989 and resolved through a a/a. Cook County Fs&la (IL) took over its insured deposits. At failure it held $164.0M in assets and $171.0M in deposits. The FDIC's estimated loss on the failure is $55.1M (33.6% of assets).

Closing date
February 3, 1989
FDIC certificate #
29752
Resolution
A/A (assistance)
Acquiring institution
Cook County Fs&la
Insurance fund
FSLIC

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