Economy Savings and Loan Association was a savings and loan in Chicago, IL. It failed on May 18, 1981, and its insured deposits were paid out. At its last report it held $73.9 million in assets.
Updated Oct 11, 2026
This bank failed
- Failed on
- May 18, 1981
- Assets
- $73.9M
- Deposits
- $58.4M
- Estimated cost
- $22.0M
- Deposits went to
- payout
Data is being prepared
The quarterly numbers of this bank appear here as soon as their first load is finished.
Facts
- Type
- Savings and loan
- Head office
- 2650 W 51st St, Chicago, IL, 60632
- County
- Cook
- Established
- Jan 1, 1949
- Failed
- May 31, 1981
- Id
- b30480
Related pages
Questions and answers
When did Economy Savings and Loan Association fail?
May 18, 1981. The estimated cost of the failure was $22.0 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.