Bank failure · IL
Telegraph S&la (Chicago, IL) — failed May 1, 1980
Telegraph S&la of Chicago, Illinois was closed on May 1, 1980 and resolved through a a/a. First Fs&la of Chicago (IL) took over its insured deposits. At failure it held $264.5M in assets and $218.1M in deposits.
- Closing date
- May 1, 1980
- FDIC certificate #
- 29900
- Resolution
- A/A (assistance)
- Acquiring institution
- First Fs&la of Chicago
- Insurance fund
- FSLIC
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- East Gadsden Bank AL
- Citizens State Bk of Galena KS
- Sioux City Fs&la IA
- First of Niles Fs&la MI
- The Rochelle Bk & Tr Co. IL
- The Metro Bk of Huntington, Inc. WV
- Security S&la IA
- The Mission State Bk & Tr Co. KS
- University Fs&la FL
- Mayflower Fs&la RI
- City & County Bk of Campbell Cty TN
- First Calumet City Savings IL
- The Citizens State Bank KS
- Carlsbad S&la NM
- Continental S&la NJ
- First Pennsylvania Bk, N.A. PA
- Washington Fs&la OH
- Mohawk Bk & Tr Co. MA
- First National Bk of Carrington ND
- First S&la HI
- Bank of Lake Helen FL