Bank failure · OH

Transohio, FSB (Cleveland, OH) — failed July 10, 1992

Transohio, FSB of Cleveland, Ohio was closed on July 10, 1992 and resolved through a purchase and assumption. Branch Sale (NA) took over its insured deposits. At failure it held $3.4B in assets and $2.4B in deposits. The FDIC's estimated loss on the failure is $52.1M (1.5% of assets).