Data / Bank failures / 1982 / First FS&LA
First FS&LA, Peoria, IL: received FDIC assistance September 1, 1982
First FS&LA in Peoria, Illinois, received open bank assistance from the FDIC on September 1, 1982. It held $446 million in assets and $401.7 million in deposits at its last report. By assets it was the 25th largest of 119 banks closed or assisted in 1982.
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The FDIC's record
- Closed
- September 1, 1982
- Type
- Open bank assistance
- How it was resolved
- Open bank assistance: the FDIC assisted the bank without closing it
- Acquirer
- Talman Home FS&LA of Il, Chicago, IL
- Total assets
- $445,968,653
- Total deposits
- $401,663,083
- Charter
- Savings and loan association
- Insurance fund
- FSLIC
- FDIC certificate
- 28108
Other bank failures in Illinois, 1980 to 1984
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| First Security Bank | Sandwich | December 22, 1984 | $13.4 million | $12.1 million | $1 million | First NB of Sandwich |
| American Heritage Savings FA (assistance) | Bloomington | August 28, 1984 | $277 million | $256.4 million | $42.9 million | Household Bank FSB |
| The Coffeen National Bank | Coffeen | July 12, 1984 | $9.4 million | $9.4 million | $1.7 million | Coffeen State Bank |
| Washington Nat BK of Chicago | Chicago | May 18, 1984 | $14.1 million | $13.8 million | $2 million | Banco Popular de Puerto |
| Continental Illinois Nat BK & TR (assistance) | Chicago | May 17, 1984 | $39.96 billion | $28.59 billion | $1.11 billion | Continental Illinois Nat BK |
| United of America Bank | Chicago | April 26, 1984 | $38.1 million | $36.9 million | $876,199 | Mid-City NB of Chicago |
| Heritage Bank of Bureau County | Depue | February 8, 1984 | $8.7 million | $7.8 million | $1.4 million | Colonial T&SB of Bureau |
| Atkinson Trust & Savings Bank | Atkinson | November 25, 1983 | $21.1 million | $18.5 million | $9.5 million |
All bank failures in 1982 · All bank failures in Illinois · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-24. 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.