Cooperative Federal Savings and Loan Association
Westmont, IL
$74.9M
total assets, June 30, 1991
$74.9M
total assets, June 30, 1991
Cooperative Federal Savings and Loan Association was a savings and loan in Westmont, IL. It failed on Jul 19, 1991, and Heritage Glenwood Bank took over its deposits. At its last report it held $74.9 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1991
This bank failed
- Failed on
- Jul 19, 1991
- Assets
- $74.9M
- Deposits
- $47.0M
- Estimated cost
- $1K
- Deposits went to
- Heritage Glenwood Bank, Glenwood, IL
Total assets
$74.9M
-6.0% in a year · -1.1% in a quarter
Deposits
$47.0M
-2.8% in a year · +0.3% in a quarter
Loans
$9.7M
-12.9% in a year · -6.0% in a quarter
Profit so far
-$175K
Jan 1 to Jun 30, 1991
Capital ratio
1.97%
-0.63 pts in a year
Return on assets
-0.46%
+0.64 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 6125 South Cass Avenue, Westmont, IL, 60559
- County
- Dupage
- Established
- Jan 1, 1907
- Failed
- Jul 19, 1991
- Employees
- 16
- Id
- b30545
Quarter by quarter
March 31, 1984 to June 30, 1991
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 Cooperative Federal Savings and Loan Association?
$74.9 million in total assets and $47.0 million in deposits as of June 30, 1991, with assets down 6.0% from a year before. Its loans were $9.72 million.
Is Cooperative Federal Savings and Loan Association profitable?
No: it lost $175,000 from January 1 to June 30, 1991. Its return on assets was -0.46% a year; about 1% is typical.
When did Cooperative Federal Savings and Loan Association fail?
Jul 19, 1991. Heritage Glenwood Bank of Glenwood, IL took over its deposits. The estimated cost of the failure was $1,159.
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.