The Graveyard › Banks › 1990
Hidalgo Savings & Loan
Edinburg, TX · failed September 21, 1990 · FDIC certificate 31080
Hidalgo Savings & Loan of Edinburg, TX failed on September 21, 1990. It opened in 1958, 32 years before. At its last report before that it held $154.8 million in assets and $122.0 million in deposits. The FDIC estimates that the Resolution Trust Corporation lost $34.3 million on it.
1984-031990-06
Assets at the end$154.8 millionlast report before September 21, 1990
Deposits at the end$122.0 million
Estimated loss to the fund$34.3 millionRTC
Largest in the quarterly reports$154.8 millionJune 30, 1990
Equity to assets0.7%June 30, 1990
Loans not being repaid12.7%noncurrent, June 30, 1990
Return on assets-0.51%a year's rate, June 30, 1990
Staff70full 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.