The Graveyard › Banks › 1991

The Gunnison Bank & Trust Co.

Gunnison · assisted October 2, 1991 · FDIC certificate 11259

The Gunnison Bank & Trust Co. of Gunnison was given assistance by the FDIC on October 2, 1991. The FDIC's list records an assistance transaction, not a closing. It opened on December 23, 1910, 80 years before. At its last report before that it held $20.1 million in assets and $19.3 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1984, it held $32.8 million. The FDIC estimates that the Bank Insurance Fund lost $1.5 million on it.

1984-031991-09

Assets at the end$20.1 millionlast report before October 2, 1991

Deposits at the end$19.3 million

Estimated loss to the fund$1.5 millionBIF

Largest in the quarterly reports$32.8 millionSeptember 30, 1984

Equity to assets3.3%September 30, 1991

Loans not being repaid2.9%noncurrent, September 30, 1991

Return on assets0.68%a year's rate, September 30, 1991

Staff15full time, September 30, 1991

Take today's blind test

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
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.