TellerScore

Bank failure · IL

Unity, Sa (Norridge, IL) — failed February 20, 1982

Unity, Sa of Norridge, 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 $987.4M in assets and $738.8M in deposits. The FDIC's estimated loss on the failure is $79.9M (8.1% of assets).

Closing date
February 20, 1982
FDIC certificate #
31035
Resolution
A/A (assistance)
Acquiring institution
Talman Home, Fs&la
Insurance fund
FSLIC

Other failures in 1982

What happens when a bank fails