The Graveyard › Banks › 1990
Monroe Savings Bank, FSB
Rochester, NY · failed January 26, 1990 · FDIC certificate 16036
Monroe Savings Bank, FSB of Rochester, NY failed on January 26, 1990. It opened in 1850, 140 years before. At its last report before that it held $520.6 million in assets and $488.8 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1984, it held $694.1 million. The FDIC estimates that the Bank Insurance Fund lost $25.7 million on it.
1984-031989-12
Assets at the end$520.6 millionlast report before January 26, 1990
Deposits at the end$488.8 million
Estimated loss to the fund$25.7 millionBIF
Largest in the quarterly reports$694.1 millionSeptember 30, 1984
Equity to assets-7.2%December 31, 1989
Loans not being repaid0.8%noncurrent, December 31, 1989
Return on assets-0.88%a year's rate, December 31, 1989
Also ended in 1990
- Imperial Federal Savings Association · San Diego, CA · $9.6 billion in assets
- Franklin Fsa · Ottawa · $9.3 billion in assets
- Centrust Bank, SB · Miami, FL · $8.2 billion in assets
- Empire of America FSB · Buffalo, NY · $8.2 billion in assets
- Merabank FSB · Phoenix, AZ · $6.3 billion in assets
- Southwest Savings Association · Dallas, TX · $5.3 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.