Bank failure · IL
First State Bank of Elmwood Park (Elmwood Park, IL) — failed May 26, 1953
First State Bank of Elmwood Park of Elmwood Park, Illinois was closed on May 26, 1953 and resolved through a p&a. 0 (0) took over its insured deposits. At failure it held $17.5M in assets and $17.0M in deposits.
- Closing date
- May 26, 1953
- Resolution
- P&A (failure)
- Acquiring institution
- 0
- Insurance fund
- FDIC