The Graveyard › Banks › 1986
Major Federal S&LA
Cincinnati, OH · failed July 25, 1986 · FDIC certificate 30768
Major Federal S&LA of Cincinnati, OH failed on July 25, 1986. It opened in 1921, 65 years before. At its last report before that it held $25.0 million in assets and $21.4 million in deposits. The FDIC estimates that the FSLIC's fund lost $8.8 million on it.
1984-031986-06
Assets at the end$25.0 millionlast report before July 25, 1986
Deposits at the end$21.4 million
Estimated loss to the fund$8.8 millionFSLIC
Largest in the quarterly reports$25.8 millionDecember 31, 1985
Equity to assets-1.6%June 30, 1986
Loans not being repaid0.1%noncurrent, June 30, 1986
Return on assets-0.91%a year's rate, June 30, 1986
Also ended in 1986
- Western S&LA · Dallas, TX · $2.0 billion in assets
- The First National Bank & Trust Co. of Oklahoma · Oklahoma City, OK · $1.8 billion in assets
- Firstsouth Fs&La · Pine Bluff, AR · $1.7 billion in assets
- National Permanent Bank FSB · Washington · $1.0 billion in assets · assisted
- Mainland S&LA · Houston, TX · $1.0 billion in assets
- American Diversified Savings Bank · Costa Mesa · $978.6 million 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.