Bank failure · IL
Home Savings Fsla (Joliet, IL) — failed March 16, 1989
Home Savings Fsla of Joliet, Illinois was closed on March 16, 1989 and resolved through a purchase and assumption. First Midwest Bank/Il, NA (IL) took over its insured deposits. At failure it held $140.6M in assets and $138.7M in deposits. The FDIC's estimated loss on the failure is $11.5M (8.2% of assets).
- Closing date
- March 16, 1989
- FDIC certificate #
- 31066
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- First Midwest Bank/Il, NA
- Insurance fund
- RTC
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