The Graveyard › Banks › 1992
Home Unity Federal
Lafayette Hill, PA · failed June 4, 1992 · FDIC certificate 28867
Home Unity Federal of Lafayette Hill, PA failed on June 4, 1992. It opened in 1886, 106 years before. At its last report before that it held $684.8 million in assets and $632.3 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1988, it held $1.1 billion. The FDIC estimates that the Resolution Trust Corporation lost $18.5 million on it.
1984-031992-03
Assets at the end$684.8 millionlast report before June 4, 1992
Deposits at the end$632.3 million
Estimated loss to the fund$18.5 millionRTC
Largest in the quarterly reports$1.1 billionJune 30, 1988
Equity to assets-2.5%March 31, 1992
Loans not being repaid2.9%noncurrent, March 31, 1992
Return on assets0.11%a year's rate, March 31, 1992
Staff185full time, March 31, 1992
Also ended in 1992
- Homefed Bank, FA · San Diego, CA · $12.2 billion in assets
- Crossland Savings Bank, FSB · Brooklyn, NY · $7.4 billion in assets
- Carteret FSB · Madison, NJ · $4.8 billion in assets
- Meritor Savings Bank · Philadelphia, PA · $4.1 billion in assets
- Dollar Dry Dock Bank · White Plains, NY · $4.0 billion in assets
- The Howard Savings Bank · Newark, NJ · $3.5 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.