Life Savings and Loan Association of America

Status:Inactive as of 03/31/1982
 Merger - Without Assistance
Successor Bank:Life Savings of America, A FSB
Headquarters:Life Savings and Loan Association of America
1400 Winston Plaza
Melrose Park, IL 60160
Established:01/01/1926
FDIC Insurance:06/12/1963
FDIC Cert:#28469
Charter Class:

History

1926-01-01Institution established: Original name:Life Savings and Loan Association of America
1981-04-30Acquired Sauk Prairie Savings and Loan Association (31607) in FRANKFORT, IL
1982-03-31Merged into and subsequently operated as part of Life Savings and Loan Association of America (31115) in MELROSE PARK, IL
1985-03-31Changed organization type to STOCK SAVINGS BANK
1985-03-31Changed name to Life Savings of America, A FSB (31115)
1985-09-30Moved bank headquarters from MELROSE PARK, IL to ROCKFORD, IL
1987-02-13Failed. No active institution received any of its deposits or its assets.