Bank Failure
Pulaski Savings Bank
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Closed January 17, 2025 · Chicago, IL · FDIC Cert #28611.
- Closing date
- January 17, 2025
- Headquarters
- Chicago, IL
- FDIC Certificate
- 28611
- Total assets at closing
- $49.5M
- Total deposits at closing
- $42.7M
- Estimated loss to the insurance fund
- $31.9M
- Insurance fund
- Deposit Insurance Fund (DIF)
- Resolution
- Failure (closed by regulators)
- Acquirer
- Millennium Bank
Context
On January 17, 2025, regulators closed Pulaski Savings Bank, headquartered in Chicago, IL. At closing, the institution held approximately $49.5M in assets and $42.7M in deposits. The FDIC record names Millennium Bank as the acquiring institution in the resolution. The estimated cost to the Deposit Insurance Fund (DIF) was approximately $31.9M.
By assets at closing this is the 1668th largest of the 3,526 bank failures in the FDIC record, and the 2nd of 2 in 2025. It falls in the period the record labels Regional Banking Stress (2023-present), a period with 15 failures peaking at 6 in 2026.
Source: FDIC Failed Banks list. Asset and deposit values reflect the most recent regulatory filing prior to closing.
Common questions
When did Pulaski Savings Bank fail?
Pulaski Savings Bank was closed by regulators on January 17, 2025.
Who acquired Pulaski Savings Bank?
The FDIC record names Millennium Bank as the acquiring institution in the resolution of Pulaski Savings Bank.
How big was Pulaski Savings Bank when it failed?
Pulaski Savings Bank had approximately $49.5M in total assets and $42.7M in deposits at the time of failure.
Other failures in 2025
| Date | Bank | Assets |
|---|---|---|
| Jun 27, 2025 | Santa Anna National Bank | $76.9M |
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