The Graveyard › Banks › 1980
First of Niles Fs&La
Niles · assisted October 14, 1980 · FDIC certificate 29504
First of Niles Fs&La of Niles was given assistance by the FSLIC on October 14, 1980. The FDIC's list records an assistance transaction, not a closing. It opened on August 30, 1935, 45 years before. At its last report before that it held $131.8 million in assets and $120.3 million in deposits. The FDIC estimates that the FSLIC's fund lost $13.3 million on it.
Assets at the end$131.8 millionlast report before October 14, 1980
Deposits at the end$120.3 million
Estimated loss to the fund$13.3 millionFSLIC
Also ended in 1980
- First Pennsylvania Bank N.A. · Philadelphia · $8.0 billion in assets · assisted
- Washington Fs&La · University Heights · $376.4 million in assets · assisted
- Telegraph S&LA · Chicago · $264.5 million in assets · assisted
- University Fs&La · Coral Gables · $235.4 million in assets · assisted
- First Calumet City Savings · Berwyn · $102.1 million in assets · assisted
- The Mission State Bank & Trust Co. · Mission, KS · $86.4 million in assets
History, not advice.
Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.