The Graveyard › Banks › 1989
Anchor SA
Kansas City, KS · failed February 17, 1989 · FDIC certificate 27845
Anchor SA of Kansas City, KS failed on February 17, 1989. It opened in 1924, 65 years before. At its last report before that it held $834.0 million in assets and $596.5 million in deposits. The FDIC estimates that the Resolution Trust Corporation lost $133.1 million on it.
1984-031988-12
Assets at the end$834.0 millionlast report before February 17, 1989
Deposits at the end$596.5 million
Estimated loss to the fund$133.1 millionRTC
Largest in the quarterly reports$849.3 millionJune 30, 1988
Equity to assets-1.2%December 31, 1988
Loans not being repaid14.9%noncurrent, December 31, 1988
Return on assets-2.03%a year's rate, December 31, 1988
Also ended in 1989
- Gibraltar Savings, FA · Simi Valley, CA · $13.4 billion in assets
- City Savings, FSB · Somerset, NJ · $9.8 billion in assets
- MBank Dallas, National Association · Dallas, TX · $6.6 billion in assets
- Western Savings & Loan · Phoenix, AZ · $5.7 billion in assets
- Lincoln Savings & Loan · Irvine, CA · $4.9 billion in assets
- University Federal Savings · Houston, TX · $4.5 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.