Record · Bank
UNIVERSAL FSB
UNIVERSAL FSB held $51.6 million in total assets at failure as of June 27, 2002, according to the FDIC.
UNIVERSAL FSB, of CHICAGO, IL, was an FDIC-insured institution that closed on June 27, 2002, as the FDIC records it.
The failure
- June 27, 2002
- Closed
- $51.6 million
- Assets at failure
- $51,628,000
- $40.3 million
- Deposits at failure
- $40,340,000
- $274,452
- Estimated cost to the insurance fund
- The FDIC's estimate as of July 31, 2026; it revises the estimate as it sells the bank's assets.
- CHICAGO COMMUNITY BANK
- Acquired by
- CHICAGO, IL
The FDIC’s entry
- FDIC certificate number
- 29355
- Resolution
- FAILURE
- Transaction type
- PI
- Charter class
- SB
- Insurance fund
- SAIF
- Insured since
- August 9, 1989
- Established
- January 1, 1923
- Recorded in
- The FDIC’s failures data
Sources
- FDIC failures — every bank failure and assistance transaction since 1934 — Federal Deposit Insurance Corporation · Public domain — U.S. Government work · retrieved September 27, 2026
Compiled automatically from FDIC failures — every bank failure and assistance transaction since 1934 by a checked SQL query · Editor: Kian O'Connor · How this site is built
Data retrieved