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Bank failure · UT

Home Sb, FSB (Salt Lake City, UT) — failed July 5, 1990

Home Sb, FSB of Salt Lake City, Utah was closed on July 5, 1990 and resolved through a insured deposit transfer. Zions First Nb (UT) took over its insured deposits. At failure it held $12.8M in assets and $9.9M in deposits. The FDIC's estimated loss on the failure is $218K (1.7% of assets).

Closing date
July 5, 1990
FDIC certificate #
32037
Resolution
Insured deposit transfer (failure)
Acquiring institution
Zions First Nb
Insurance fund
RTC

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