Bank failure · IL

Lemont Fsa (Lemont, IL) — failed February 28, 1992

Lemont Fsa of Lemont, Illinois was closed on February 28, 1992 and resolved through a purchase and assumption. Branch Sale (NA) took over its insured deposits. At failure it held $193.7M in assets and $188.8M in deposits. The FDIC's estimated loss on the failure is $53.0M (27.4% of assets).