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Bank failure · KY

Henderson Home S & LA (Henderson, KY) — failed February 2, 1990

Henderson Home S & LA of Henderson, Kentucky was closed on February 2, 1990 and resolved through a purchase and assumption. Farmers B&tc (KY) took over its insured deposits. At failure it held $50.4M in assets and $49.8M in deposits. The FDIC's estimated loss on the failure is $2.2M (4.4% of assets).

Closing date
February 2, 1990
FDIC certificate #
27915
Resolution
Purchase and assumption (failure)
Acquiring institution
Farmers B&tc
Insurance fund
RTC

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