Bank failure · IL

Glen Ellyn S&la (Glen Ellyn, IL) — failed September 20, 1985

Glen Ellyn S&la of Glen Ellyn, Illinois was closed on September 20, 1985 and resolved through a a/a. Citicorp Savings of Illinoi (IL) took over its insured deposits. At failure it held $122.1M in assets and $101.1M in deposits. The FDIC's estimated loss on the failure is $18.5M (15.1% of assets).