$28.1M
total assets, March 31, 1990
Great West Savings Bank, F.S.B. was a savings bank in Craig, CO. It failed on May 11, 1990, and First NB Of Meeker took over its deposits. At its last report it held $28.1 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1990
This bank failed
- Failed on
- May 11, 1990
- Assets
- $28.1M
- Deposits
- $31.0M
- Estimated cost
- $4.9M
- Deposits went to
- First NB Of Meeker, Meeker, CO
Total assets
$28.1M
-29.0% in a year · -24.0% in a quarter
Deposits
$31.0M
-4.5% in a year · -1.0% in a quarter
Loans
$26.0M
+1.5% in a year · -4.2% in a quarter
Profit so far
-$4.0M
Jan 1 to Mar 31, 1990 · -31192.3% in a year
Capital ratio
-24.72%
-24.72 pts in a year
Return on assets
-49.71%
-49.84 pts in a year
Facts
- Type
- Savings bank
- Head office
- 600 Yampa Avenue, Craig, CO, 81625
- County
- Moffat
- Established
- Mar 3, 1988
- Failed
- May 11, 1990
- Employees
- 21
- Id
- b32576
Quarter by quarter
March 31, 1988 to March 31, 1990
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 9
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Great West Savings Bank, F.S.B.?
$28.1 million in total assets and $31.0 million in deposits as of March 31, 1990, with assets down 29.0% from a year before. Its loans were $26.0 million.
Is Great West Savings Bank, F.S.B. profitable?
No: it lost $4.04 million from January 1 to March 31, 1990. Its return on assets was -49.71% a year; about 1% is typical.
When did Great West Savings Bank, F.S.B. fail?
May 11, 1990. First NB Of Meeker of Meeker, CO took over its deposits. The estimated cost of the failure was $4.90 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.