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Bank Branches › Closed and merged banks › Illinois › Capitol Federal Bank for Savings

FDIC certificate 28523 · Chicago, IL

What happened to Capitol Federal Bank for Savings?

Capitol Federal Bank for Savings in Chicago, IL (earlier called Capitol Savings and Loan Association and 1 other name) failed, and Columbia National Bank of Chicago of Chicago, IL took it over on May 10, 1991. After 3 more changes of hands, what was Capitol Federal Bank for Savings is today part of Bank of America, National Association (Charlotte, NC).

1923
opened
1991
failed
3
names it used
4
steps to today's bank

The chain, step by step

From the day it opened to the bank at the end of the chain today. Each step is one entry in the FDIC's record.

  1. 1923
    Capitol Savings and Loan Association opens in Chicago, IL
  2. Jun 30, 1985
    renamed Capitol Savings, A FA
  3. later
    renamed Capitol Federal Bank for Savings
  4. May 10, 1991
    FAILEDCapitol Federal Bank for Savings failed, and Columbia National Bank of Chicago of Chicago, IL took it over.FDIC certificate 28523 ends; its business continues under certificate 19031.
  5. Apr 28, 1997
    MERGEDColumbia National Bank of Chicago of Chicago, IL merged into LaSalle Northwest National Bank of Chicago, IL.FDIC certificate 19031 ends; its business continues under certificate 15812.
  6. Apr 30, 1999
    MERGEDLaSalle Northwest National Bank (by then renamed LaSalle Bank National Association) of Chicago, IL merged into LaSalle Bank National Association of Chicago, IL.FDIC certificate 15812 ends; its business continues under certificate 15407.
  7. Oct 17, 2008
    MERGEDLaSalle Bank National Association of Chicago, IL merged into Bank of America, National Association of Charlotte, NC.FDIC certificate 15407 ends; its business continues under certificate 3510.
  8. Today
    OPEN
    Bank of America, National AssociationMain office Charlotte, NC · FDIC certificate 3510 · 3,598 offices in 39 states on June 30, 2026

    Every Bank of America, National Association office →   Website on file with the FDIC: www.bankofamerica.com

If you still have something from Capitol Federal Bank for Savings

A lien that was never released

Capitol Federal Bank for Savings failed on May 10, 1991, handled by the Resolution Trust Corporation, the agency that closed failed savings institutions from 1989 to 1995. The FDIC's lien-release page covers failed banks and savings and loans placed in FDIC receivership; it does not say how releases work for resolutions this old.

Call FDIC Resolution Inquiries at 888-206-4662 (8am–4pm Central, weekdays) and ask whether the FDIC holds this institution's receivership. Ask Bank of America, National Association as well: the chain above leads there. The FDIC's own instructions are at FDIC, Obtaining a Lien Release.

An old account, passbook or CD

When a healthy bank assumes a failed bank's deposits, insured depositors become its customers right away (here, Columbia National Bank of Chicago). Start with Bank of America, National Association, and ask them to search under the name Capitol Federal Bank for Savings.

This failure is older than the current federal rule on unclaimed deposits (mid-1993), so different rules apply. Search FDIC unclaimed funds search, search the unclaimed-property program of the state of the owner's last known address on the bank's records, and ask FDIC Resolution Inquiries at 888-206-4662 what applies to this institution.

A safe deposit box

The FDIC says that when a healthy bank assumes a failed bank's deposits, the branches usually reopen the next business day with box access. Today, ask Bank of America, National Association. A box abandoned for years may have been turned over to the state's unclaimed-property program.

Box contents are not covered by FDIC insurance.

Not sure this is your bank?

Many banks shared a name. Match the city and the years above against your paperwork, or search again with the town.

Credit unions were never FDIC-insured and are not in this record; the NCUA credit union lookup covers those. Banks that closed before about 1970 are not in the FDIC's list either.

One caution: banks also sell single branches. If the office you used was sold to a different bank along the way, the account went with the branch, not with this chain.

This page is drawn from FDIC records and federal guidance. It is not legal advice, and BankBranches is not a bank or a government office. More detail: lien releases · old passbooks and CDs · safe deposit boxes · unclaimed money.

Where the guidance comes from ▾

Source: FDIC BankFind institution and history records, read Nov 15, 2026. The FDIC's list covers banks that ended in about 1970 or later. Look up certificate 28523 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.