Data / Bank failures / 1980 / First Calumet City Savings
First Calumet City Savings, Berwyn, IL: received FDIC assistance June 4, 1980
First Calumet City Savings in Berwyn, Illinois, received open bank assistance from the FDIC on June 4, 1980. It held $102.1 million in assets and $82.4 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $14.6 million (14.3% of its assets). By assets it was the 6th largest of 22 banks closed or assisted in 1980.
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The FDIC's record
- Closed
- June 4, 1980
- Type
- Open bank assistance
- How it was resolved
- Open bank assistance: the FDIC assisted the bank without closing it
- Acquirer
- Household Bank FSB, Newport Beach, CA
- Total assets
- $102,052,691
- Total deposits
- $82,447,432
- Estimated cost to the FDIC
- $14,611,000 (estimate as of July 31, 2026)
- Charter
- Savings and loan association
- Insurance fund
- FSLIC
- FDIC certificate
- 30015
Other bank failures in Illinois, 1978 to 1982
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Chicagoland FS&LA (assistance) | Chicago | December 17, 1982 | $140.5 million | $126.3 million | $9.8 million | Great American FS&LA |
| Tri-State Bank | Markham | October 8, 1982 | $16.3 million | $16 million | ||
| Vandalia Citizens S&LA (assistance) | Vandalia | September 10, 1982 | $13.7 million | $13.1 million | $898,750 | Fidelity FS&LA |
| Investors S&LA (assistance) | Fairview Heights | September 10, 1982 | $48.1 million | $39.8 million | $949,062 | Fidelity FS&LA |
| Union of Cook County (assistance) | Matteson | September 1, 1982 | $107 million | $94.5 million | Citicorp SVG of Il A FS&LA | |
| First FS&LA (assistance) | Peoria | September 1, 1982 | $446 million | $401.7 million | Talman Home FS&LA of Il | |
| Security BK & TR Company | Cairo | August 27, 1982 | $12 million | $11.2 million | $2.5 million | First BANK&TRUST Co |
| Farmers State BK of Lewiston | Lewiston | June 25, 1982 | $30.9 million | $28.1 million | $8.2 million | Farmers STB of Fulton Co |
Other failed banks Household Bank FSB took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Century Sa (assistance) | Shawnee MSN | KS | June 26, 1985 | $91.8 million | $45 million | $16.2 million | Household Bank FSB |
| Brighton FS&LA (assistance) | Brighton | CO | May 1, 1985 | $91.4 million | $83.1 million | $22.3 million | Household Bank FSB |
| Fidelity S&L (assistance) | Martins Ferry | OH | January 1, 1985 | $72.5 million | $72.5 million | Household Bank FSB | |
| American Heritage Savings FA (assistance) | Bloomington | IL | August 28, 1984 | $277 million | $256.4 million | $42.9 million | Household Bank FSB |
| Fidelity FS&LA (assistance) | Baltimore | MD | August 28, 1984 | $137.8 million | $79.2 million | $23.7 million | Household Bank FSB |
All bank failures in 1980 · All bank failures in Illinois · Every failed bank Household Bank FSB took over · 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.