The Graveyard › Banks › 1990

Duval Federal Savings Association

Jacksonville, FL · failed January 18, 1990 · FDIC certificate 30677

Duval Federal Savings Association of Jacksonville, FL failed on January 18, 1990. It opened in 1953, 37 years before. At its last report before that it held $1.0 billion in assets and $861.6 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1987, it held $1.3 billion. The FDIC estimates that the Resolution Trust Corporation lost $132.2 million on it.

1984-031989-12

Assets at the end$1.0 billionlast report before January 18, 1990

Deposits at the end$861.6 million

Estimated loss to the fund$132.2 millionRTC

Largest in the quarterly reports$1.3 billionJune 30, 1987

Equity to assets-1.1%December 31, 1989

Loans not being repaid6.0%noncurrent, December 31, 1989

Return on assets-1.33%a year's rate, December 31, 1989

On the FDIC's list: DUVAL FEDERAL SAVINGS ASSN..

Take today's blind test

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.