TellerScore

Bank failure · IL

Manning S&la (Chicago, IL) — failed February 3, 1983

Manning S&la of Chicago, Illinois was closed on February 3, 1983 and resolved through a insured deposit transfer. 0 (0) took over its insured deposits. At failure it held $78.7M in assets and $60.7M in deposits. The FDIC's estimated loss on the failure is $19.8M (25.2% of assets).

Closing date
February 3, 1983
FDIC certificate #
30092
Resolution
Insured deposit transfer (failure)
Acquiring institution
0
Insurance fund
FSLIC

Other failures in 1983

What happens when a bank fails