The Graveyard › Banks › 1991
Cooperative FSB
Westmont, IL · failed July 19, 1991 · FDIC certificate 30545
Cooperative FSB of Westmont, IL failed on July 19, 1991. It opened in 1907, 84 years before. At its last report before that it held $74.9 million in assets and $47.0 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1984, it held $158.7 million. The FDIC estimates that the Resolution Trust Corporation lost $1,159 on it.
1984-031991-06
Assets at the end$74.9 millionlast report before July 19, 1991
Deposits at the end$47.0 million
Estimated loss to the fund$1,159RTC
Largest in the quarterly reports$158.7 millionJune 30, 1984
Equity to assets2.0%June 30, 1991
Loans not being repaid0.0%noncurrent, June 30, 1991
Return on assets-0.46%a year's rate, June 30, 1991
Staff16full time, June 30, 1991
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.