The Graveyard › Banks › 1991

Peoples Federal S & L Association

New Kensington, PA · failed March 1, 1991 · FDIC certificate 29643

Peoples Federal S & L Association of New Kensington, PA failed on March 1, 1991. It opened in 1909, 82 years before. At its last report before that it held $107.6 million in assets and $98.6 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1988, it held $122.2 million. The FDIC estimates that the Resolution Trust Corporation lost $2.5 million on it.

1984-031990-12

Assets at the end$107.6 millionlast report before March 1, 1991

Deposits at the end$98.6 million

Estimated loss to the fund$2.5 millionRTC

Largest in the quarterly reports$122.2 millionMarch 31, 1988

Equity to assets-0.2%December 31, 1990

Loans not being repaid3.2%noncurrent, December 31, 1990

Return on assets-0.31%a year's rate, December 31, 1990

Staff50full time, December 31, 1990

On the FDIC's list: PEOPLES FEDERAL S & L ASSOC..

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Also ended in 1991

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Southeast Bank, National Association · Miami, FL · $11.0 billion in assets
Goldome · Buffalo, NY · $9.9 billion in assets
Great American Fsa · San Diego, CA · $9.5 billion in assets
The Connecticut Bank & Trust Co · Hartford, CT · $7.2 billion in assets
Sunbelt Savings · Irving, TX · $6.0 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.