The Graveyard › Banks › 1990
Tuskegee S & La
Tuskegee, AL · failed November 30, 1990 · FDIC certificate 30122
Tuskegee S & La of Tuskegee, AL failed on November 30, 1990. It opened in 1894, 96 years before. At its last report before that it held $31.8 million in assets and $28.5 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1989, it held $34.6 million. The FDIC estimates that the Resolution Trust Corporation lost $15.3 million on it.
1984-031990-09
Assets at the end$31.8 millionlast report before November 30, 1990
Deposits at the end$28.5 million
Estimated loss to the fund$15.3 millionRTC
Largest in the quarterly reports$34.6 millionJune 30, 1989
Equity to assets0.1%September 30, 1990
Loans not being repaid6.6%noncurrent, September 30, 1990
Return on assets-3.69%a year's rate, September 30, 1990
Staff18full time, September 30, 1990
Also ended in 1990
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- 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.