The Graveyard › Banks › 1990
Cagaus-Central Federal Savings
Caguas, PR · failed May 25, 1990 · FDIC certificate 31078
Cagaus-Central Federal Savings of Caguas, PR failed on May 25, 1990. It opened in 1958, 32 years before. At its last report before that it held $1.6 billion in assets and $1.3 billion in deposits. The FDIC estimates that the Resolution Trust Corporation lost $231.3 million on it.
1984-031990-03
Assets at the end$1.6 billionlast report before May 25, 1990
Deposits at the end$1.3 billion
Estimated loss to the fund$231.3 millionRTC
Largest in the quarterly reports$1.7 billionSeptember 30, 1989
Equity to assets2.7%March 31, 1990
Loans not being repaid12.4%noncurrent, March 31, 1990
Return on assets-0.84%a year's rate, March 31, 1990
Staff735full 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.