The Graveyard › Banks › 1990
Heritage Fsa
Lancaster, PA · failed July 6, 1990 · FDIC certificate 31957
Heritage Fsa of Lancaster, PA failed on July 6, 1990. It opened in 1916, 74 years before. At its last report before that it held $48.8 million in assets and $50.6 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1987, it held $56.8 million. The FDIC estimates that the Resolution Trust Corporation lost $1,185 on it.
1984-031990-06
Assets at the end$48.8 millionlast report before July 6, 1990
Deposits at the end$50.6 million
Estimated loss to the fund$1,185RTC
Largest in the quarterly reports$56.8 millionMarch 31, 1987
Equity to assets-4.2%June 30, 1990
Loans not being repaid0.3%noncurrent, June 30, 1990
Return on assets-3.50%a year's rate, June 30, 1990
Staff14full time, June 30, 1990
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.