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Broken Arrow Savings Association

Broken Arrow, OK · failed August 24, 1990 · FDIC certificate 29603

Broken Arrow Savings Association of Broken Arrow, OK failed on August 24, 1990. It opened in 1919, 71 years before. At its last report before that it held $26.9 million in assets and $23.2 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1987, it held $33.1 million. The FDIC estimates that the Resolution Trust Corporation lost $5.0 million on it.

1984-031990-06

Assets at the end$26.9 millionlast report before August 24, 1990

Deposits at the end$23.2 million

Estimated loss to the fund$5.0 millionRTC

Largest in the quarterly reports$33.1 millionDecember 31, 1987

Equity to assets-1.4%June 30, 1990

Loans not being repaid6.0%noncurrent, June 30, 1990

Return on assets-4.36%a year's rate, June 30, 1990

Staff16full time, June 30, 1990

On the FDIC's list: BROKEN ARROW SAVINGS ASSOC..

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Also ended in 1990

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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.