Bank failure · IL
Enterprise Savings Bank, Fa (Chicago, IL) — failed December 27, 1990
Enterprise Savings Bank, Fa of Chicago, Illinois was closed on December 27, 1990 and resolved through a purchase and assumption. United Fb (IL) took over its insured deposits. At failure it held $432.6M in assets and $322.0M in deposits. The FDIC's estimated loss on the failure is $12.6M (2.9% of assets).
- Closing date
- December 27, 1990
- FDIC certificate #
- 29415
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- United Fb
- Insurance fund
- RTC
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