Bank failure · IL

North West, Fs&la (Chicago, IL) — failed February 20, 1982

North West, Fs&la of Chicago, Illinois was closed on February 20, 1982 and resolved through a a/a. Talman Home, Fs&la (IL) took over its insured deposits. At failure it held $1.3B in assets and $1.1B in deposits. The FDIC's estimated loss on the failure is $90.4M (7.1% of assets).