The Graveyard › Banks › 1989
Lewis County Savings and Loan Co
Weston, WV · failed May 12, 1989 · FDIC certificate 26636
Lewis County Savings and Loan Co of Weston, WV failed on May 12, 1989. It opened on December 6, 1961, 27 years before. At its last report before that it held $4.0 million in assets and $3.9 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1986, it held $6.0 million. The FDIC estimates that the FDIC's insurance fund lost $405,429 on it.
1986-061989-03
Assets at the end$4.0 millionlast report before May 12, 1989
Deposits at the end$3.9 million
Estimated loss to the fund$405,429FDIC
Largest in the quarterly reports$6.0 millionSeptember 30, 1986
Equity to assets-3.8%March 31, 1989
Loans not being repaid12.7%noncurrent, March 31, 1989
Return on assets4.81%a year's rate, March 31, 1989
Staff7full time, March 31, 1989
Also ended in 1989
- Gibraltar Savings, FA · Simi Valley, CA · $13.4 billion in assets
- City Savings, FSB · Somerset, NJ · $9.8 billion in assets
- MBank Dallas, National Association · Dallas, TX · $6.6 billion in assets
- Western Savings & Loan · Phoenix, AZ · $5.7 billion in assets
- Lincoln Savings & Loan · Irvine, CA · $4.9 billion in assets
- University Federal Savings · Houston, TX · $4.5 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.