The Graveyard › Banks › 1990

St. Louis County Savings Association

Ferguson, MO · failed January 11, 1990 · FDIC certificate 28928

St. Louis County Savings Association of Ferguson, MO failed on January 11, 1990. It opened on May 1, 1934, 55 years before. At its last report before that it held $85.8 million in assets and $81.2 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1986, it held $101.9 million. The FDIC estimates that the Resolution Trust Corporation lost $9,713 on it.

1984-031989-12

Assets at the end$85.8 millionlast report before January 11, 1990

Deposits at the end$81.2 million

Estimated loss to the fund$9,713RTC

Largest in the quarterly reports$101.9 millionMarch 31, 1986

Equity to assets-5.6%December 31, 1989

Loans not being repaid0.9%noncurrent, December 31, 1989

Return on assets-0.48%a year's rate, December 31, 1989

On the FDIC's list: ST. LOUIS COUNTY SAVINGS ASSOC..

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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.