The Graveyard › Banks › 1990

Frontier Savings Association

Las Vegas, NV · failed December 14, 1990 · FDIC certificate 31126

Frontier Savings Association of Las Vegas, NV failed on December 14, 1990. It opened in 1959, 31 years before. At its last report before that it held $252.4 million in assets and $247.4 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1988, it held $365.8 million. The FDIC's list records a negative loss of $247,653: the Resolution Trust Corporation got back more than it paid out.

1984-031990-09

Assets at the end$252.4 millionlast report before December 14, 1990

Deposits at the end$247.4 million

Estimated loss to the funda gain of $247,653RTC

Largest in the quarterly reports$365.8 millionSeptember 30, 1988

Equity to assets0.5%September 30, 1990

Loans not being repaid3.7%noncurrent, September 30, 1990

Return on assets-0.17%a year's rate, September 30, 1990

Staff71full time, September 30, 1990

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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.