The Graveyard › Banks › 1990
Financial Savings of Hartford FSB
Hartford, CT · failed August 17, 1990 · FDIC certificate 32371
Financial Savings of Hartford FSB of Hartford, CT failed on August 17, 1990. It opened on August 8, 1985, 5 years before. At its last report before that it held $21.9 million in assets and $17.6 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1986, it held $34.2 million. The FDIC estimates that the Resolution Trust Corporation lost $3.2 million on it.
1985-121990-06
Assets at the end$21.9 millionlast report before August 17, 1990
Deposits at the end$17.6 million
Estimated loss to the fund$3.2 millionRTC
Largest in the quarterly reports$34.2 millionJune 30, 1986
Equity to assets0.7%June 30, 1990
Loans not being repaid5.1%noncurrent, June 30, 1990
Return on assets-2.95%a year's rate, June 30, 1990
Staff12full time, June 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.
