TellerScore

Bank failure · IL

Talman Home, Fs&la (Chicago, IL) — failed February 20, 1982

Talman Home, Fs&la of Chicago, Illinois was closed on February 20, 1982 and resolved through a reprivatization. Talman Home, Fs&la (IL) took over its insured deposits. At failure it held $3.4B in assets and $2.7B in deposits. The FDIC's estimated loss on the failure is $255.4M (7.5% of assets).

Closing date
February 20, 1982
FDIC certificate #
28244
Resolution
Reprivatization (failure)
Acquiring institution
Talman Home, Fs&la
Insurance fund
FSLIC
Pre-failure filings
Last reported financials

Other failures in 1982

What happens when a bank fails