The Graveyard › Banks › 1990
Enterprise Savings Bank, FA
Chicago, IL · failed December 27, 1990 · FDIC certificate 29415
Enterprise Savings Bank, FA of Chicago, IL failed on December 27, 1990. It opened in 1902, 88 years before. At its last report before that it held $432.6 million in assets and $322.0 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1988, it held $643.5 million. The FDIC estimates that the Resolution Trust Corporation lost $12.6 million on it.
1984-031990-09
Assets at the end$432.6 millionlast report before December 27, 1990
Deposits at the end$322.0 million
Estimated loss to the fund$12.6 millionRTC
Largest in the quarterly reports$643.5 millionJune 30, 1988
Equity to assets-13.5%September 30, 1990
Loans not being repaid5.2%noncurrent, September 30, 1990
Return on assets-1.12%a year's rate, September 30, 1990
Staff91full 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.