Bank failure · NV

Frontier Savings Association (Las Vegas, NV) — failed December 14, 1990

Frontier Savings Association of Las Vegas, Nevada was closed on December 14, 1990 and resolved through a purchase and assumption. Bank of America, Nv (NV) took over its insured deposits. At failure it held $252.4M in assets and $247.4M in deposits. The FDIC's estimated loss on the failure is −$248K (-0.1% of assets).