Bank failure · OH

Superior Fsa (Cleveland, OH) — failed October 23, 1990

Superior Fsa of Cleveland, Ohio was closed on October 23, 1990 and resolved through a purchase and assumption. Home FSB, Northern Oh (OH) took over its insured deposits. At failure it held $95.9M in assets and $58.0M in deposits. The FDIC's estimated loss on the failure is $20.6M (21.5% of assets).