The Graveyard › Banks › 1990
Community Federal Savings Bank
East Moline, IL · failed February 23, 1990 · FDIC certificate 31073
Community Federal Savings Bank of East Moline, IL failed on February 23, 1990. It opened in 1958, 32 years before. At its last report before that it held $112.0 million in assets and $114.2 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1987, it held $175.3 million. The FDIC estimates that the Resolution Trust Corporation lost $3.0 million on it.
1984-031989-12
Assets at the end$112.0 millionlast report before February 23, 1990
Deposits at the end$114.2 million
Estimated loss to the fund$3.0 millionRTC
Largest in the quarterly reports$175.3 millionJune 30, 1987
Equity to assets-3.3%December 31, 1989
Loans not being repaid2.5%noncurrent, December 31, 1989
Return on assets-0.99%a year's rate, December 31, 1989
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.