The Graveyard › Banks › 1990
American Pioneer Savings Bank
Orlando, FL · failed May 25, 1990 · FDIC certificate 32056
American Pioneer Savings Bank of Orlando, FL failed on May 25, 1990. It opened on November 18, 1980, 9 years before. At its last report before that it held $1.6 billion in assets and $1.4 billion in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1989, it held $2.1 billion. The FDIC estimates that the Resolution Trust Corporation lost $446.1 million on it.
1984-031990-03
Assets at the end$1.6 billionlast report before May 25, 1990
Deposits at the end$1.4 billion
Estimated loss to the fund$446.1 millionRTC
Largest in the quarterly reports$2.1 billionMarch 31, 1989
Equity to assets-3.7%March 31, 1990
Loans not being repaid6.7%noncurrent, March 31, 1990
Return on assets-2.25%a year's rate, March 31, 1990
Staff595full time, March 31, 1990
Also ended in 1990
- Imperial Federal Savings Association · San Diego, CA · $9.6 billion in assets
- Franklin Fsa · Ottawa · $9.3 billion in assets
- Centrust Bank, SB · Miami, FL · $8.2 billion in assets
- Empire of America FSB · Buffalo, NY · $8.2 billion in assets
- Merabank FSB · Phoenix, AZ · $6.3 billion in assets
- Southwest Savings Association · Dallas, TX · $5.3 billion in assets
History, not advice.
Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.