Bank failure · IL

Economy S&la (Chicago, IL) — failed May 18, 1981

Economy S&la of Chicago, Illinois was closed on May 18, 1981 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $73.9M in assets and $58.4M in deposits. The FDIC's estimated loss on the failure is $22.0M (29.7% of assets).