The Graveyard › Banks › 1990
Bank USA, Federal Association
Silvis, IL · failed May 25, 1990 · FDIC certificate 31938
Bank USA, Federal Association of Silvis, IL failed on May 25, 1990. It opened on September 21, 1978, 11 years before. At its last report before that it held $22.9 million in assets and $20.9 million in deposits. The FDIC's list records a negative loss of $432,710: the Resolution Trust Corporation got back more than it paid out.
1984-031990-03
Assets at the end$22.9 millionlast report before May 25, 1990
Deposits at the end$20.9 million
Estimated loss to the funda gain of $432,710RTC
Largest in the quarterly reports$22.9 millionMarch 31, 1990
Equity to assets2.7%March 31, 1990
Loans not being repaid0.6%noncurrent, March 31, 1990
Return on assets-0.60%a year's rate, March 31, 1990
Staff5full 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.