The Graveyard › Banks › 1985
Auburn Savings Bank
Auburn, IA · failed November 8, 1985 · FDIC certificate 14271
Auburn Savings Bank of Auburn, IA failed on November 8, 1985. It opened on June 20, 1920, 65 years before. At its last report before that it held $6.8 million in assets and $6.6 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $713,693 on it.
1984-031985-09
Assets at the end$6.8 millionlast report before November 8, 1985
Deposits at the end$6.6 million
Estimated loss to the fund$713,693FDIC
Equity to assets0.6%September 30, 1985
Loans not being repaid19.8%noncurrent, September 30, 1985
Return on assets-13.37%a year's rate, September 30, 1985
Staff5full time, September 30, 1985
Also ended in 1985
- Bowery Savings Bank · New York · $5.3 billion in assets · assisted
- Beverly Hills S&LA · Beverly Hills · $2.9 billion in assets · assisted
- Central S&LA · San Diego · $2.3 billion in assets · assisted
- Bell S&LA · San Mateo · $1.6 billion in assets · assisted
- Eureka Fs&La · San Carlos · $1.6 billion in assets · assisted
- Sunrise, S&LA · Lake Worth, FL · $1.5 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.