The Graveyard › Banks › 1990

Colonial Federal Savings Association

Prairie Village, KS · failed January 18, 1990 · FDIC certificate 31213

Colonial Federal Savings Association of Prairie Village, KS failed on January 18, 1990. It opened on May 12, 1961, 28 years before. At its last report before that it held $136.4 million in assets and $102.4 million in deposits. The FDIC estimates that the Resolution Trust Corporation lost $16.6 million on it.

1984-031989-12

Assets at the end$136.4 millionlast report before January 18, 1990

Deposits at the end$102.4 million

Estimated loss to the fund$16.6 millionRTC

Equity to assets-10.8%December 31, 1989

Loans not being repaid0.9%noncurrent, December 31, 1989

Return on assets-3.55%a year's rate, December 31, 1989

On the FDIC's list: COLONIAL FEDERAL SAVINGS ASSOC..

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Also ended in 1990

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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.