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Bank failure · OH

United Home Federal (Toledo, OH) — failed September 6, 1991

United Home Federal of Toledo, Ohio was closed on September 6, 1991 and resolved through a purchase and assumption. Standard Fb (MI) took over its insured deposits. At failure it held $443.4M in assets and $446.9M in deposits. The FDIC's estimated loss on the failure is $9.7M (2.2% of assets).

Closing date
September 6, 1991
FDIC certificate #
29411
Resolution
Purchase and assumption (failure)
Acquiring institution
Standard Fb
Insurance fund
RTC

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