Charter Federal Savings and Loan Association
Stamford, CT
$103M
total assets, March 31, 1990
$103M
total assets, March 31, 1990
Charter Federal Savings and Loan Association was a savings and loan in Stamford, CT. It failed on Jun 29, 1990, and Greenwich FS&LA took over its deposits. At its last report it held $103.0 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1990
This bank failed
- Failed on
- Jun 29, 1990
- Assets
- $103M
- Deposits
- $83.3M
- Estimated cost
- $55.7M
- Deposits went to
- Greenwich FS&LA, Greenwich, CT
Total assets
$103M
-6.7% in a year · -5.0% in a quarter
Deposits
$83.3M
-1.6% in a year · -7.1% in a quarter
Loans
$90.6M
-1.5% in a year · -3.9% in a quarter
Profit so far
-$536K
Jan 1 to Mar 31, 1990
Capital ratio
-1.25%
-1.25 pts in a year
Return on assets
-2.03%
-1.87 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 612 Bedford Street, Stamford, CT, 06901
- County
- Fairfield
- Established
- May 10, 1984
- Failed
- Jun 29, 1990
- Id
- b32214
Quarter by quarter
June 30, 1984 to March 31, 1990
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Charter Federal Savings and Loan Association?
$103.0 million in total assets and $83.3 million in deposits as of March 31, 1990, with assets down 6.7% from a year before. Its loans were $90.6 million.
Is Charter Federal Savings and Loan Association profitable?
No: it lost $536,000 from January 1 to March 31, 1990. Its return on assets was -2.03% a year; about 1% is typical.
When did Charter Federal Savings and Loan Association fail?
Jun 29, 1990. Greenwich FS&LA of Greenwich, CT took over its deposits. The estimated cost of the failure was $55.7 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.