The Graveyard › Banks › 1991
Sunbelt Savings
Irving, TX · failed April 26, 1991 · FDIC certificate 32598
Sunbelt Savings of Irving, TX failed on April 26, 1991. It opened on August 19, 1988, 2 years before. At its last report before that it held $6.0 billion in assets and $4.3 billion in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1990, it held $10.0 billion. The FDIC estimates that the Resolution Trust Corporation lost $2,754 on it.
1988-091991-03
Assets at the end$6.0 billionlast report before April 26, 1991
Deposits at the end$4.3 billion
Estimated loss to the fund$2,754RTC
Largest in the quarterly reports$10.0 billionJune 30, 1990
Equity to assets-1.1%March 31, 1991
Loans not being repaid0.7%noncurrent, March 31, 1991
Return on assets-1.02%a year's rate, March 31, 1991
Staff2,745full time, March 31, 1991
Also ended in 1991
- Bank of New England, National Association · Boston, MA · $13.4 billion in assets
- 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
- Columbia Savings and Loan Association · Beverly Hills, CA · $5.4 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.