The Graveyard › Banks › 2000
Mutual Federal Savings Bank of Atlanta
Atlanta, GA · failed March 10, 2000 · FDIC certificate 27886
Mutual Federal Savings Bank of Atlanta of Atlanta, GA failed on March 10, 2000. It opened in 1925, 75 years before. At its last report before that it held $31.5 million in assets and $32.2 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1998, it held $44.5 million. The FDIC estimates that the Savings Association Insurance Fund lost $1.3 million on it.
1984-031999-12
Assets at the end$31.5 millionlast report before March 10, 2000
Deposits at the end$32.2 million
Estimated loss to the fund$1.3 millionSAIF
Largest in the quarterly reports$44.5 millionJune 30, 1998
Equity to assets-6.2%December 31, 1999
Loans not being repaid4.7%noncurrent, December 31, 1999
Return on assets-8.43%a year's rate, December 31, 1999
Staff22full time, December 31, 1999
Also ended in 2000
- Hartford-Carlisle SB · Carlisle, IA · $105.0 million in assets
- The National State Bank of Metropolis · Metropolis, IL · $90.4 million in assets
- The Bank of Falkner · Falkner, MS · $85.5 million in assets
- Bank of Honolulu · Honolulu, HI · $63.9 million in assets
- Town and Country Bank of Almelund · Almelund, MN · $25.9 million in assets
- Monument National Bank · Ridgecrest, CA · $7.9 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.