Bank failure · IL

Fidelity Fs&la (Berwyn, IL) — failed September 1, 1988

Fidelity Fs&la of Berwyn, Illinois was closed on September 1, 1988 and resolved through a a/a. United Savings of America (IL) took over its insured deposits. At failure it held $37.1M in assets and $39.5M in deposits. The FDIC's estimated loss on the failure is $3.7M (10.0% of assets).