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Bank failure · MO

Home Savings Association (Kansas City, MO) — failed March 15, 1991

Home Savings Association of Kansas City, Missouri was closed on March 15, 1991 and resolved through a purchase and assumption (insured deposits). Branch Sale (NA) took over its insured deposits. At failure it held $2.9B in assets and $2.6B in deposits. The FDIC's estimated loss on the failure is $307.6M (10.4% of assets).

Closing date
March 15, 1991
FDIC certificate #
29083
Resolution
Purchase and assumption (insured deposits) (failure)
Acquiring institution
Branch Sale
Insurance fund
RTC

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