The Graveyard › Banks › 1990
The Permanent Savings Bank
Niagara Falls, NY · failed July 13, 1990 · FDIC certificate 22583
The Permanent Savings Bank of Niagara Falls, NY failed on July 13, 1990. It opened in 1978, 12 years before. At its last report before that it held $330.0 million in assets and $319.3 million in deposits. The FDIC's list records no loss to the Bank Insurance Fund.
1984-031990-06
Assets at the end$330.0 millionlast report before July 13, 1990
Deposits at the end$319.3 million
Estimated loss to the fundnone recordedBIF
Equity to assets1.0%June 30, 1990
Loans not being repaid1.8%noncurrent, June 30, 1990
Return on assets-0.05%a year's rate, June 30, 1990
Staff129full 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.