The Graveyard › Banks › 1990
First Fsa of Tuscola
Tuscola, IL · failed August 17, 1990 · FDIC certificate 29297
First Fsa of Tuscola of Tuscola, IL failed on August 17, 1990. It opened in 1883, 107 years before. At its last report before that it held $23.2 million in assets and $23.4 million in deposits. The FDIC estimates that the Resolution Trust Corporation lost $2.0 million on it.
1984-031990-06
Assets at the end$23.2 millionlast report before August 17, 1990
Deposits at the end$23.4 million
Estimated loss to the fund$2.0 millionRTC
Equity to assets-2.0%June 30, 1990
Loans not being repaid6.3%noncurrent, June 30, 1990
Return on assets-0.55%a year's rate, June 30, 1990
Staff8full 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.