The Graveyard › Banks › 1991
Danburry Savings & Loan
Danbury, CT · failed July 12, 1991 · FDIC certificate 27825
Danburry Savings & Loan of Danbury, CT failed on July 12, 1991. It opened in 1920, 71 years before. At its last report before that it held $270.2 million in assets and $184.1 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1989, it held $329.3 million. The FDIC estimates that the Resolution Trust Corporation lost $24.7 million on it.
1984-031991-06
Assets at the end$270.2 millionlast report before July 12, 1991
Deposits at the end$184.1 million
Estimated loss to the fund$24.7 millionRTC
Largest in the quarterly reports$329.3 millionMarch 31, 1989
Equity to assets1.3%June 30, 1991
Loans not being repaid7.5%noncurrent, June 30, 1991
Return on assets-1.09%a year's rate, June 30, 1991
Staff74full 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.