The Graveyard › Banks › 1991
Chase Savings & Loan
Philadelphia, PA · failed November 22, 1991 · FDIC certificate 30324
Chase Savings & Loan of Philadelphia, PA failed on November 22, 1991. It opened in 1920, 71 years before. At its last report before that it held $46.9 million in assets and $46.0 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1989, it held $64.5 million. The FDIC estimates that the Resolution Trust Corporation lost $10.4 million on it.
1984-031991-09
Assets at the end$46.9 millionlast report before November 22, 1991
Deposits at the end$46.0 million
Estimated loss to the fund$10.4 millionRTC
Largest in the quarterly reports$64.5 millionDecember 31, 1989
Equity to assets0.1%September 30, 1991
Loans not being repaid14.0%noncurrent, September 30, 1991
Return on assets-6.61%a year's rate, September 30, 1991
Staff11full time, September 30, 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.