The Graveyard › Banks › 1991
Century Federal Savings
Chicago, IL · failed May 3, 1991 · FDIC certificate 30370
Century Federal Savings of Chicago, IL failed on May 3, 1991. It opened in 1926, 65 years before. At its last report before that it held $25.9 million in assets and $24.4 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1985, it held $33.1 million. The FDIC estimates that the Resolution Trust Corporation lost $1.3 million on it.
1984-031991-03
Assets at the end$25.9 millionlast report before May 3, 1991
Deposits at the end$24.4 million
Estimated loss to the fund$1.3 millionRTC
Largest in the quarterly reports$33.1 millionJune 30, 1985
Equity to assets3.3%March 31, 1991
Loans not being repaid2.5%noncurrent, March 31, 1991
Return on assets3.06%a year's rate, March 31, 1991
Staff14full time, March 31, 1991
Also ended in 1991
- Bank of New England, National Association · Boston, MA · $13.4 billion in assets
- Southeast Bank, National Association · Miami, FL · $11.0 billion in assets
- Goldome · Buffalo, NY · $9.9 billion in assets
- Great American Fsa · San Diego, CA · $9.5 billion in assets
- The Connecticut Bank & Trust Co · Hartford, CT · $7.2 billion in assets
- Sunbelt Savings · Irving, TX · $6.0 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.