The Graveyard › Banks › 1991
First Savings of Zion
Zion, IL · failed April 5, 1991 · FDIC certificate 30361
First Savings of Zion of Zion, IL failed on April 5, 1991. It opened in 1947, 44 years before. At its last report before that it held $63.2 million in assets and $60.6 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1984, it held $138.3 million. The FDIC estimates that the Resolution Trust Corporation lost $6.2 million on it.
1984-031991-03
Assets at the end$63.2 millionlast report before April 5, 1991
Deposits at the end$60.6 million
Estimated loss to the fund$6.2 millionRTC
Largest in the quarterly reports$138.3 millionDecember 31, 1984
Equity to assets0.3%March 31, 1991
Loans not being repaid5.6%noncurrent, March 31, 1991
Return on assets-4.27%a year's rate, March 31, 1991
Staff13full time, March 31, 1991
Also ended in 1991
- Bank of New England, National Association · Boston, MA · $13.4 billion in assets
- Southeast Bank, National Association · Miami, FL · $11.0 billion in assets
- Goldome · Buffalo, NY · $9.9 billion in assets
- Great American Fsa · San Diego, CA · $9.5 billion in assets
- The Connecticut Bank & Trust Co · Hartford, CT · $7.2 billion in assets
- Sunbelt Savings · Irving, TX · $6.0 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.