The Graveyard › Banks › 1990
Charter Savings & Loan
Stamford, CT · failed June 29, 1990 · FDIC certificate 32214
Charter Savings & Loan of Stamford, CT failed on June 29, 1990. It opened on May 10, 1984, 6 years before. At its last report before that it held $103.0 million in assets and $83.3 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1989, it held $115.7 million. The FDIC estimates that the Resolution Trust Corporation lost $55.7 million on it.
1984-061990-03
Assets at the end$103.0 millionlast report before June 29, 1990
Deposits at the end$83.3 million
Estimated loss to the fund$55.7 millionRTC
Largest in the quarterly reports$115.7 millionJune 30, 1989
Equity to assets-0.5%March 31, 1990
Loans not being repaid17.1%noncurrent, March 31, 1990
Return on assets-2.03%a year's rate, 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.