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Lender in search of a lifeline.

Authors :
DANIELS, STEVE
Source :
Crain's Chicago Business; 6/8/2015, Vol. 38 Issue 23, p0001-0001, 1p
Publication Year :
2015

Abstract

The article reports on the financial crisis facing Illinois Service Federal Savings & Loan Association in Chicago in 2015. Topics discussed include the history of Illinois Service, the 7 million dollars needed by the organization to survive the crisis, and the risk of closure amidst possible corrective action to be set by the U.S. Office of the Comptroller of the Currency. The financial performance of Illinois Service in three years which ended in 2014 is also mentioned.

Details

Language :
English
ISSN :
01496956
Volume :
38
Issue :
23
Database :
Supplemental Index
Journal :
Crain's Chicago Business
Publication Type :
Periodical
Accession number :
103230834