The Graveyard › Banks › 1990
Superior Fsa
Cleveland, OH · failed October 23, 1990 · FDIC certificate 28464
Superior Fsa of Cleveland, OH failed on October 23, 1990. It opened in 1909, 81 years before. At its last report before that it held $95.9 million in assets and $58.0 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1984, it held $131.7 million. The FDIC estimates that the Resolution Trust Corporation lost $20.6 million on it.
1984-031990-09
Assets at the end$95.9 millionlast report before October 23, 1990
Deposits at the end$58.0 million
Estimated loss to the fund$20.6 millionRTC
Largest in the quarterly reports$131.7 millionSeptember 30, 1984
Equity to assets0.3%September 30, 1990
Loans not being repaid9.7%noncurrent, September 30, 1990
Return on assets-1.50%a year's rate, September 30, 1990
Staff13full time, September 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.