The Graveyard › Banks › 1989
Midwest Fed. S & L Association
Nebraska City · failed February 17, 1989 · FDIC certificate 29149
Midwest Fed. S & L Association of Nebraska City failed on February 17, 1989. It opened on September 1, 1934, 54 years before. At its last report before that it held $139.1 million in assets and $119.7 million in deposits. The FDIC estimates that the Resolution Trust Corporation lost $32.0 million on it.
1984-031988-12
Assets at the end$139.1 millionlast report before February 17, 1989
Deposits at the end$119.7 million
Estimated loss to the fund$32.0 millionRTC
Equity to assets-15.7%December 31, 1988
Loans not being repaid11.4%noncurrent, December 31, 1988
Return on assets-1.91%a year's rate, December 31, 1988
On the FDIC's list: MIDWEST FED. S & L ASSOC..
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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.