Bank failure · MN
United Savings Bank, FSB (Windom, MN) — failed May 11, 1990
United Savings Bank, FSB of Windom, Minnesota was closed on May 11, 1990 and resolved through a insured deposit transfer. Branch Sale (NA) took over its insured deposits. At failure it held $161.5M in assets and $133.2M in deposits. The FDIC's estimated loss on the failure is $43.8M (27.2% of assets).
- Closing date
- May 11, 1990
- FDIC certificate #
- 29182
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- Branch Sale
- Insurance fund
- RTC
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