Bank failure · IL
Libertyville Fed. S & L Assoc. (Libertyville, IL) — failed April 6, 1989
Libertyville Fed. S & L Assoc. of Libertyville, Illinois was closed on April 6, 1989 and resolved through a purchase and assumption. Harris Bank Libertyville (IL) took over its insured deposits. At failure it held $101.0M in assets and $95.5M in deposits. The FDIC's estimated loss on the failure is $8K (0.0% of assets).
- Closing date
- April 6, 1989
- FDIC certificate #
- 27663
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Harris Bank Libertyville
- Insurance fund
- RTC
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