Bank failure · IL
Pulaski Savings Bank (Chicago, IL) — failed January 17, 2025
Pulaski Savings Bank of Chicago, Illinois was closed on January 17, 2025 and resolved through a purchase and assumption. Millennium Bank (IL) took over its insured deposits. At failure it held $49.5M in assets and $42.7M in deposits. The FDIC's estimated loss on the failure is $31.9M (64.4% of assets).
- Closing date
- January 17, 2025
- FDIC certificate #
- 28611
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Millennium Bank
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials