The Graveyard › Banks › 1991
Future Federal Savings Bank
Louisville, KY · failed August 30, 1991 · FDIC certificate 27862
Future Federal Savings Bank of Louisville, KY failed on August 30, 1991. It opened in 1926, 65 years before. At its last report before that it held $422.3 million in assets and $408.9 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1984, it held $558.9 million. The FDIC estimates that the Resolution Trust Corporation lost $29.1 million on it.
1984-031991-06
Assets at the end$422.3 millionlast report before August 30, 1991
Deposits at the end$408.9 million
Estimated loss to the fund$29.1 millionRTC
Largest in the quarterly reports$558.9 millionSeptember 30, 1984
Equity to assets0.7%June 30, 1991
Loans not being repaid0.8%noncurrent, June 30, 1991
Return on assets0.07%a year's rate, June 30, 1991
Staff121full time, June 30, 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.