Washington Federal Bank For Savings - Chicago, IL

2017 FDIC Insured Failed Banks

Successor Bank: The insured balance of all non-brokered deposit accounts have been transferred to Royal Savings Bank, Chicago, IL.

Royal Savings Bank
9226 South Commercial Avenue
Chicago, IL 60617

1913: Established as WASHINGTON SAVINGS AND LOAN ASSOCIATION OF CHICAGO
1993: Renamed to WASHINGTON SAVINGS BANK
1994: WASHINGTON SAVINGS BANK was renamed to WASHINGTON FEDERAL BANK FOR SAVINGS

► Depositors must establish contact or the successor bank or the FDIC to reclaim their deposits. ► Not every depositor in a failed bank will receive notification from the FDIC, and there are time limits on claims of FDIC-insured bank accounts, CDs and safe deposit boxes. By law, accounts which go unclaimed for an extended period may be time barred, and safe deposit boxes can be drilled and the contents sold at auction. ► Additionally, accounts transferred to successor institutions may have lower interest rates and can lose insurance coverage.

► It is important to understand you may have an account at a failed institution and not know it, either because you were a depositor at a bank acquired by an institution that subsequently failed, or if you or a deceased family member are the beneficial owner of a brokered fiduciary account.

► For assistance tracing and reclaiming a lost bank account, certificate of deposit (CD) or safe deposit box go to: Unclaimed Account Search