Bank Failure
PULASKI SAVINGS BANK
Closed January 17, 2025 · CHICAGO, IL · FDIC Cert #28611.
- Closing date
- January 17, 2025
- Headquarters
- CHICAGO, IL
- FDIC Certificate
- 28611
- Total assets at closing
- $49,466,000
- Total deposits at closing
- $42,741,000
- Estimated loss to DIF
- $30,284,000
- Resolution type
- other
- Acquirer
- MILLENNIUM BANK (FDIC Cert #10548)
Context
On January 17, 2025, regulators closed PULASKI SAVINGS BANK, headquartered in CHICAGO, IL. At closing, the institution held approximately $49,466,000 in assets and $42,741,000 in deposits. The FDIC arranged a resolution under which MILLENNIUM BANK acquired the failed bank's operations. The estimated cost to the FDIC Deposit Insurance Fund was approximately $30,284,000.
Source: FDIC Failed Banks list. Asset and deposit values reflect the most recent regulatory filing prior to closing.
Other failures in 2025
| Date | Bank | HQ | Assets |
|---|---|---|---|
| 2025-06-27 | SANTA ANNA NATIONAL BANK | SANTA ANNA, TX | $76,938,000 |
Explore: all failures · IL bank events · 2025 events · events hub