The Graveyard › Banks › 1989

Chillicothe Fed. S & L Association

Chillicothe · failed March 16, 1989 · FDIC certificate 29413

Chillicothe Fed. S & L Association of Chillicothe failed on March 16, 1989. It opened in 1888, 101 years before. At its last report before that it held $51.0 million in assets and $53.9 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1985, it held $69.4 million. The FDIC estimates that the Resolution Trust Corporation lost $4.4 million on it.

1984-031988-12

Assets at the end$51.0 millionlast report before March 16, 1989

Deposits at the end$53.9 million

Estimated loss to the fund$4.4 millionRTC

Largest in the quarterly reports$69.4 millionJune 30, 1985

Equity to assets-8.4%December 31, 1988

Loans not being repaid6.2%noncurrent, December 31, 1988

Return on assets-1.26%a year's rate, December 31, 1988

On the FDIC's list: CHILLICOTHE FED. S & L ASSOC..

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Also ended in 1989

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Western Savings & Loan · Phoenix, AZ · $5.7 billion in assets
Lincoln Savings & Loan · Irvine, CA · $4.9 billion in assets
University Federal Savings · Houston, TX · $4.5 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.