On July 27, 2001, all insured deposit accounts were transferred to
Superior Federal, FSB (New Superior), Hinsdale, IL ("assuming
institution") a new FDIC insured Federal mutual savings bank. The OTS
appointed the FDIC conservator of New Superior. On November 19, 2001, all
deposits and all branch offices of New Superior were transferred to Charter
One Bank, FSB, Cleveland, OH. All accounts will be available as usual during
regular business hours.
These transferred deposits will be separately insured from any accounts you
may already have at Charter One Bank, FSB for six months after the transfer.
Checks that were drawn on New Superior that did not clear before the
institution closed will be honored. If you have questions about your account(s) transferred to the assuming bank, you may speak to an FDIC representative by calling 1-800-430-8098.
For general questions about FDIC deposit insurance coverage, please call 1-877-275-3342 or visit EDIE, the FDIC's Electronic Deposit Insurance Estimator.
- FDIC's Electronic Deposit Insurance Estimator
You may withdraw your funds from any transferred account without an
early withdrawal penalty until you enter into a new deposit agreement
with Charter One Bank, FSB (as long as the deposits are not pledged as
collateral for loans).
For all questions regarding new loans and the lending policies of
Charter One Bank, FSB, please contact:
or visit the Charter
One web site