The Graveyard › Banks › 1991
Coolidge Corner Co-operative Bank
Brookline, MA · failed March 14, 1991 · FDIC certificate 26557
Coolidge Corner Co-operative Bank of Brookline, MA failed on March 14, 1991. It opened in 1955, 36 years before. At its last report before that it held $83.7 million in assets and $83.8 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1989, it held $100.0 million. The FDIC estimates that the Bank Insurance Fund lost $12.1 million on it.
1986-031990-12
Assets at the end$83.7 millionlast report before March 14, 1991
Deposits at the end$83.8 million
Estimated loss to the fund$12.1 millionBIF
Largest in the quarterly reports$100.0 millionJune 30, 1989
Equity to assets-0.2%December 31, 1990
Loans not being repaid11.0%noncurrent, December 31, 1990
Return on assets-6.61%a year's rate, December 31, 1990
Staff14full time, December 31, 1990
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.