FDIC Takes Over Chicago Bank in Sudden Liquidation Move
Published Date: 1/27/2025
Notice
Summary
The FDIC has officially taken over Pulaski Savings Bank in Chicago as of January 17, 2025, because it’s now in liquidation. This update lets everyone know the FDIC is managing the bank’s closure and handling its affairs. If you’re connected to this bank, keep an eye out for any news or instructions from the FDIC about your money or accounts.
Analyzed Economic Effects
1 provisions identified: 0 benefits, 0 costs, 1 mixed.
FDIC Takes Over Pulaski Savings
The Federal Deposit Insurance Corporation (FDIC) was appointed sole receiver for Pulaski Savings Bank in Chicago, IL, effective January 17, 2025. The FDIC is managing the bank’s closure and handling its affairs; if you are connected to this bank, watch for instructions from the FDIC and visit https://www.fdic.gov/bank/individual/failed/banklist.html or contact [email protected] for information.
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