The Graveyard › Banks › 1990
Edison Fsa
New York, NY · failed November 30, 1990 · FDIC certificate 29003
Edison Fsa of New York, NY failed on November 30, 1990. It opened in 1912, 78 years before. At its last report before that it held $140.1 million in assets and $115.8 million in deposits. The FDIC estimates that the Resolution Trust Corporation lost $3.9 million on it.
1984-031990-09
Assets at the end$140.1 millionlast report before November 30, 1990
Deposits at the end$115.8 million
Estimated loss to the fund$3.9 millionRTC
Equity to assets0.4%September 30, 1990
Loans not being repaid6.8%noncurrent, September 30, 1990
Return on assets-0.19%a year's rate, September 30, 1990
Staff43full time, September 30, 1990
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.