Bank failure · IL

Vandalia Citizens S&la (Vandalia, IL) — failed September 10, 1982

Vandalia Citizens S&la of Vandalia, Illinois was closed on September 10, 1982 and resolved through a a/a. Fidelity Fs&la (IL) took over its insured deposits. At failure it held $13.7M in assets and $13.1M in deposits. The FDIC's estimated loss on the failure is $899K (6.6% of assets).