The Graveyard › Banks › 1990
Capitol-Union Fsa
Baton Rouge, LA · failed July 13, 1990 · FDIC certificate 28023
Capitol-Union Fsa of Baton Rouge, LA failed on July 13, 1990. It opened in 1909, 81 years before. At its last report before that it held $392.8 million in assets and $322.6 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1986, it held $538.4 million. The FDIC estimates that the Resolution Trust Corporation lost $116.8 million on it.
1984-031990-06
Assets at the end$392.8 millionlast report before July 13, 1990
Deposits at the end$322.6 million
Estimated loss to the fund$116.8 millionRTC
Largest in the quarterly reports$538.4 millionMarch 31, 1986
Equity to assets-3.8%June 30, 1990
Loans not being repaid4.2%noncurrent, June 30, 1990
Return on assets-2.12%a year's rate, June 30, 1990
Staff114full time, June 30, 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.