TellerScore

Bank failure · IL

Lansing Fs&la (Lansing, IL) — failed January 6, 1983

Lansing Fs&la of Lansing, Illinois was closed on January 6, 1983 and resolved through a a/a. First Fs of Hegewisch (IL) took over its insured deposits. At failure it held $45.8M in assets and $44.5M in deposits. The FDIC's estimated loss on the failure is $1.9M (4.2% of assets).

Closing date
January 6, 1983
FDIC certificate #
29586
Resolution
A/A (assistance)
Acquiring institution
First Fs of Hegewisch
Insurance fund
FSLIC

Other failures in 1983

What happens when a bank fails