The Graveyard › Banks › 1989
Cook County Fs&La
Chicago · assisted February 3, 1989 · FDIC certificate 29752
Cook County Fs&La of Chicago was given assistance by the FSLIC on February 3, 1989. The FDIC's list records an assistance transaction, not a closing. It opened on September 4, 1936, 52 years before. At its last report before that it held $164.0 million in assets and $171.0 million in deposits. The FDIC estimates that the FSLIC's fund lost $55.1 million on it.
1984-031988-12
Assets at the end$164.0 millionlast report before February 3, 1989
Deposits at the end$171.0 million
Estimated loss to the fund$55.1 millionFSLIC
Largest in the quarterly reports$164.6 millionJune 30, 1984
Equity to assets-23.9%December 31, 1988
Loans not being repaid0.8%noncurrent, December 31, 1988
Return on assets-2.99%a year's rate, December 31, 1988
Also ended in 1989
- Gibraltar Savings, FA · Simi Valley, CA · $13.4 billion in assets
- City Savings, FSB · Somerset, NJ · $9.8 billion in assets
- MBank Dallas, National Association · Dallas, TX · $6.6 billion in assets
- 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.