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Lyons Federal Trust and Savings Bank

Status:Inactive as of 09/24/1987
 Merger - Assisted
Successor Bank:Lyons Savings, A Federal Savings and Loan Association
Headquarters:Lyons Federal Trust and Savings Bank
450 West 55th Street
Berwyn, IL 60402
Established:01/01/1922
FDIC Insurance:10/13/1938
FDIC Cert:#29296
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$2,275,309,000
Total Deposits:$1,544,888,000

History

1922-01-01Institution established: Original name:Lyons Savings and Loan Association
1982-04-30Acquired Fox Valley Savings and Loan Association (31708) in SANDWICH, IL
1985-07-31Moved bank headquarters from STICKNEY, IL to COUNTRYSIDE, IL
1986-09-30Changed name to Lyons Federal Trust and Savings Bank
1986-09-30Changed organization type to MUTUAL SAVINGS BANK
1987-09-24Failed. Acquired with government financial assistance and subsequently operated as part of Lyon Savings, A Federal Savings and Loan Association (32558)
1987-09-24Institution established: Original name:Lyon Savings, A Federal Savings and Loan Association (32558)
1987-09-30Acquired
1988-06-30Changed name to Lyons Savings, A Federal Savings and Loan Association (32558)
1988-12-31Failed. Acquired with government financial assistance and subsequently operated as part of Lyons Savings Bank, A FSB (32646)
1989-04-30Changed name to Superior Bank FSB (32646)
1989-04-30Moved bank headquarters from COUNTRYSIDE, IL to HINSDALE, IL
1993-09-03Change trust powers from TRUST POWERS NOT GRANTED to TRUST POWERS TERMINATED
2001-07-27Institution established: Original name:Superior Federal Bank, FSB (57294)
2001-07-27Acquired after government financial assistance and subsequently operated as part of Superior Federal Bank, FSB (57294)
2001-07-27Placed into government conservatorship.
2002-05-31Government conservatorship or bridge bank resolved.
2004-05-31Closed voluntarily and liquidated its assets.