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Chicago Sun-Times
Chicago Sun-Times
National
CST Editorial Board

Some customers are still paying the price for corruption at failed Bridgeport bank

Corruption BRIDGEPORT Marek Matczuk John Gembara Patrick Daley Thompson Washington Federal Bank for Savings
Washington Federal Bank for Savings, 2869 S. Archer Ave., before it was shut down in December 2017. (Google street view)

If you haven’t been reading the ongoing investigative series on Bridgeport’s crooked Washington Federal Bank — you should.

It is, sad to say, a classic Chicago tale of political power and corruption, involving long-time family-run institution shut down in 2017 for widespread fraud. One reader has even suggested to us that the story has the makings of a movie script, and it’s not hard to see why.

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