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Data / Bank failures / 1989 / Community Saving & Loan

Community Saving & Loan, Fond Du Lac, WI: failed February 17, 1989

Community Saving & Loan in Fond Du Lac, Wisconsin, failed on February 17, 1989. Banc One Wi of Milwaukee, WI, took over its deposits. It held $185.4 million in assets and $161.1 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $27.2 million (14.6% of its assets). By assets it was the 139th largest of 534 banks closed or assisted in 1989.

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The FDIC's record

Closed
February 17, 1989
Type
Failure
How it was resolved
Purchase and assumption: another bank took over the deposits
Acquirer
Banc One Wi, Milwaukee, WI
Total assets
$185,407,000
Total deposits
$161,093,000
Estimated cost to the FDIC
$27,154,910 (estimate as of July 31, 2026)
Charter
Savings and loan association
Insurance fund
RTC
FDIC certificate
28814

The FDIC record

Other bank failures in Wisconsin, 1987 to 1991

BankCityClosedAssetsDepositsEstimated costAcquirer
Monycor Savings BankBarronJuly 12, 1991$151.7 million$137.6 million$1.9 million
Durand FS & LaDurandMarch 30, 1989$106.6 million$119 million$41.8 million

All bank failures in 1989 · All bank failures in Wisconsin · The full failed bank list

Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.