The Graveyard › Banks › 1990
First Standard Fed. Savings Association
Fairmont, WV · failed February 23, 1990 · FDIC certificate 30510
First Standard Fed. Savings Association of Fairmont, WV failed on February 23, 1990. It opened in 1924, 66 years before. At its last report before that it held $77.6 million in assets and $75.6 million in deposits. The FDIC estimates that the Resolution Trust Corporation lost $3,727 on it.
1984-031989-12
Assets at the end$77.6 millionlast report before February 23, 1990
Deposits at the end$75.6 million
Estimated loss to the fund$3,727RTC
Equity to assets2.1%December 31, 1989
Loans not being repaid6.2%noncurrent, December 31, 1989
Return on assets-0.46%a year's rate, December 31, 1989
On the FDIC's list: FIRST STANDARD FED. SAVINGS ASSOC..
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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.