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FDIC certificate 29826 · Mount Carmel, IL

What happened to American Savings and Loan Association?

American Savings and Loan Association in Mount Carmel, IL failed, and American Savings Association of Mt. Carmel, F.A. of Mount Carmel, IL took it over on Aug 10, 1990. After 6 more changes of hands, what was American Savings and Loan Association is today part of Fifth Third Bank, National Association (Cincinnati, OH).

1908
opened
1990
failed
1
name it used
7
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. 1908
    American Savings and Loan Association opens in Mount Carmel, IL
  2. Aug 10, 1990
    FAILEDAmerican Savings and Loan Association failed, and American Savings Association of Mt. Carmel, F.A. of Mount Carmel, IL took it over.FDIC certificate 29826 ends; its business continues under certificate 33170.
  3. Jun 7, 1991
    RESOLVEDAmerican Savings Association of Mt. Carmel, F.A. of Mount Carmel, IL was closed in a federal resolution, and its business passed to Union Federal Savings Bank of Evansville, IN.FDIC certificate 33170 ends; its business continues under certificate 27741.
  4. Aug 5, 1995
    MERGEDUnion Federal Savings Bank of Evansville, IN merged into The Citizens National Bank of Evansville of Evansville, IN.FDIC certificate 27741 ends; its business continues under certificate 4391.
  5. Dec 31, 1998
    MERGEDThe Citizens National Bank of Evansville of Evansville, IN merged into Citizens Bank of MidAmerica of Saint Joseph, MI.FDIC certificate 4391 ends; its business continues under certificate 8164.
  6. May 30, 2001
    MERGEDCitizens Bank of MidAmerica (by then renamed Fifth Third Bank, Indiana) of Saint Joseph, MI merged into Fifth Third Bank, Indiana of Indianapolis, IN.FDIC certificate 8164 ends; its business continues under certificate 34434.
  7. Dec 31, 2003
    MERGEDFifth Third Bank, Indiana of Indianapolis, IN merged into Fifth Third Bank of Grand Rapids, MI.FDIC certificate 34434 ends; its business continues under certificate 993.
  8. Sep 30, 2009
    MERGEDFifth Third Bank of Grand Rapids, MI merged into Fifth Third Bank of Cincinnati, OH.FDIC certificate 993 ends; its business continues under certificate 6672.
  9. Today
    OPEN
    Fifth Third Bank, National AssociationMain office Cincinnati, OH · FDIC certificate 6672 · 1,513 offices in 15 states on June 30, 2026

    Every Fifth Third Bank, National Association office →   Website on file with the FDIC: www.53.com

If you still have something from American Savings and Loan Association

A lien that was never released

American Savings and Loan Association failed on Aug 10, 1990, 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 Fifth Third Bank, 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, American Savings Association of Mt. Carmel, F.A.). Start with Fifth Third Bank, National Association, and ask them to search under the name American Savings and Loan Association.

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 Fifth Third Bank, 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 29826 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.