The Graveyard › Banks › 1990
Frontier Federal Savings Bank
Belleville, IL · failed January 18, 1990 · FDIC certificate 27765
Frontier Federal Savings Bank of Belleville, IL failed on January 18, 1990. It opened in 1904, 86 years before. At its last report before that it held $45.3 million in assets and $47.6 million in deposits. The FDIC estimates that the Resolution Trust Corporation lost $277,769 on it.
1984-031989-12
Assets at the end$45.3 millionlast report before January 18, 1990
Deposits at the end$47.6 million
Estimated loss to the fund$277,769RTC
Equity to assets-5.5%December 31, 1989
Loans not being repaid2.0%noncurrent, December 31, 1989
Return on assets-0.35%a year's rate, December 31, 1989
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.