TellerScore

Bank failure · IL

Hyde Park Fs&la (Chicago, IL) — failed January 15, 1982

Hyde Park Fs&la of Chicago, Illinois was closed on January 15, 1982 and resolved through a a/a. Home Sa of America (CA) took over its insured deposits. At failure it held $308.5M in assets and $170.9M in deposits. The FDIC's estimated loss on the failure is $66.7M (21.6% of assets).

Closing date
January 15, 1982
FDIC certificate #
31268
Resolution
A/A (assistance)
Acquiring institution
Home Sa of America
Insurance fund
FSLIC

Other failures in 1982

What happens when a bank fails