The Graveyard › Banks › 1990
Sentry Federal Savings Bank
Hyannis, MA · failed September 21, 1990 · FDIC certificate 28366
Sentry Federal Savings Bank of Hyannis, MA failed on September 21, 1990. It opened in 1925, 65 years before. At its last report before that it held $735.5 million in assets and $588.5 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1987, it held $799.1 million. The FDIC estimates that the Resolution Trust Corporation lost $192.1 million on it.
1984-031990-06
Assets at the end$735.5 millionlast report before September 21, 1990
Deposits at the end$588.5 million
Estimated loss to the fund$192.1 millionRTC
Largest in the quarterly reports$799.1 millionDecember 31, 1987
Equity to assets-0.3%June 30, 1990
Loans not being repaid19.8%noncurrent, June 30, 1990
Return on assets-4.00%a year's rate, June 30, 1990
Staff283full time, June 30, 1990
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.