Bank failure · NE

First Fed. Savings Assoc. of York (York, NE) — failed January 18, 1990

First Fed. Savings Assoc. of York of York, Nebraska was closed on January 18, 1990 and resolved through a purchase and assumption. First Trust Company of York (NE) took over its insured deposits. At failure it held $59.7M in assets and $54.9M in deposits. The FDIC's estimated loss on the failure is $2.8M (4.8% of assets).