Major Federal Savings and Loan Association
Cincinnati, OH
$25.0M
total assets, June 30, 1986
$25.0M
total assets, June 30, 1986
Major Federal Savings and Loan Association was a savings and loan in Cincinnati, OH. It failed on Jul 25, 1986, and Charter Oak FSB took over its deposits. At its last report it held $25.0 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1986
This bank failed
- Failed on
- Jul 25, 1986
- Assets
- $25.0M
- Deposits
- $21.4M
- Estimated cost
- $8.8M
- Deposits went to
- Charter Oak FSB, Cincinnati, OH
Total assets
$25.0M
-2.3% in a year · -2.2% in a quarter
Deposits
$21.4M
-17.9% in a year · -4.4% in a quarter
Loans
$15.9M
+17.4% in a year · -3.5% in a quarter
Profit so far
-$116K
Jan 1 to Jun 30, 1986
Capital ratio
0.00%
0.00 pts in a year
Return on assets
-0.91%
+0.94 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 2945 Gilbert Avenue, Cincinnati, OH, 45206
- County
- Hamilton
- Established
- Jan 1, 1921
- Failed
- Jul 25, 1986
- Id
- b30768
Quarter by quarter
March 31, 1984 to June 30, 1986
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 10
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Major Federal Savings and Loan Association?
$25.0 million in total assets and $21.4 million in deposits as of June 30, 1986, with assets down 2.3% from a year before. Its loans were $15.9 million.
Is Major Federal Savings and Loan Association profitable?
No: it lost $116,000 from January 1 to June 30, 1986. Its return on assets was -0.91% a year; about 1% is typical.
When did Major Federal Savings and Loan Association fail?
Jul 25, 1986. Charter Oak FSB of Cincinnati, OH took over its deposits. The estimated cost of the failure was $8.84 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.