The Graveyard › Banks › 1990
Nasau Federal Savings & Loan
Brooklyn, NY · failed March 16, 1990 · FDIC certificate 29122
Nasau Federal Savings & Loan of Brooklyn, NY failed on March 16, 1990. It opened in 1888, 102 years before. At its last report before that it held $296.8 million in assets and $300.5 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1987, it held $341.2 million. The FDIC estimates that the Resolution Trust Corporation lost $60.3 million on it.
1984-031989-12
Assets at the end$296.8 millionlast report before March 16, 1990
Deposits at the end$300.5 million
Estimated loss to the fund$60.3 millionRTC
Largest in the quarterly reports$341.2 millionMarch 31, 1987
Equity to assets-3.1%December 31, 1989
Loans not being repaid2.7%noncurrent, December 31, 1989
Return on assets-1.87%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.