Summit First Federal Savings and Loan Association

Status:Inactive as of 07/13/1990
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:Summit First Savings and Loan Association, F.A.
Headquarters:Summit First Federal Savings and Loan Association
7447 West 63rd St
Summit Argo, IL 60501
Established:01/01/1914
FDIC Insurance:06/13/1949
FDIC Cert:#29023
Charter Class:
Total Assets:$57,798,000
Total Deposits:$55,837,000

History

1914-01-01Institution established: Original name:Summit First Federal Savings and Loan Association
1990-07-13Institution established: Original name:Summit First Savings and Loan Association, F.A. (33101)
1990-07-13Placed into government conservatorship.
1990-07-13Failed, went into receivership, and then became part of Summit First Savings and Loan Association, F.A. (33101)
1990-10-26Government conservatorship or bridge bank resolved.
1990-10-26Acquired after government financial assistance and subsequently operated as part of Marquette National Bank (16250)
1995-07-14Acquired Huntington Federal Savings Bank of Illinois (33864) in CHICAGO, IL
1995-07-14Changed from the Savings Association Insurance Fund to the Bank Insurance Fund.
1996-10-05Acquired Orland State Bank (9082) in ORLAND PARK, IL
2001-06-30Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to FEDERAL RESERVE BOARD
2001-06-30Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2001-06-30Changed name to Marquette Bank (16250)
2006-10-20Acquired Hemlock Federal Bank for Savings (29386) in OAK FOREST, IL