Bank failure · IL
Mid-State S&la (Champaign, IL) — failed February 24, 1989
Mid-State S&la of Champaign, Illinois was closed on February 24, 1989 and resolved through a insured deposit transfer. 0 (0) took over its insured deposits. At failure it held $28.4M in assets and $29.8M in deposits. The FDIC's estimated loss on the failure is $8.0M (28.2% of assets).
- Closing date
- February 24, 1989
- FDIC certificate #
- 31478
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- 0
- Insurance fund
- FSLIC
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