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Metropolitan Fed. S & L Association

Denville · failed April 27, 1989 · FDIC certificate 30374

Metropolitan Fed. S & L Association of Denville failed on April 27, 1989. It opened on November 1, 1948, 40 years before. At its last report before that it held $168.2 million in assets and $174.9 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1985, it held $243.8 million. The FDIC estimates that the Resolution Trust Corporation lost $15,545 on it.

1984-031989-03

Assets at the end$168.2 millionlast report before April 27, 1989

Deposits at the end$174.9 million

Estimated loss to the fund$15,545RTC

Largest in the quarterly reports$243.8 millionMarch 31, 1985

Equity to assets-4.3%March 31, 1989

Loans not being repaid1.6%noncurrent, March 31, 1989

Return on assets-0.04%a year's rate, March 31, 1989

On the FDIC's list: METROPOLITAN FED. S & L ASSOC..

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Also ended in 1989

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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.