U. S. Mutual Savings and Loan Association, FSA
Ann Arbor, MI
$306M
total assets, December 31, 1985
$306M
total assets, December 31, 1985
U. S. Mutual Savings and Loan Association, FSA was a savings and loan in Ann Arbor, MI. It failed on Nov 26, 1985, and Great Lakes Bancorp took over its deposits. At its last report it held $306.1 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1985
This bank failed
- Failed on
- Nov 26, 1985
- Assets
- $306M
- Deposits
- $287M
- Estimated cost
- $31.1M
- Deposits went to
- Great Lakes Bancorp, Ann Arbor, MI
Total assets
$306M
-10.0% in a year · +0.3% in a quarter
Deposits
$287M
+13.0% in a year · +4.7% in a quarter
Loans
$224M
-4.6% in a year · -2.4% in a quarter
Profit so far
-$12.1M
Jan 1 to Dec 31, 1985 · -1014.4% in a year
Capital ratio
0.00%
0.00 pts in a year
Return on assets
-3.82%
-4.33 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 337 E Liberty St, Ann Arbor, MI, 48104
- County
- Washtenaw
- Established
- Mar 18, 1975
- Failed
- Jan 1, 1986
- Id
- b31761
Quarter by quarter
March 31, 1984 to December 31, 1985
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 8
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is U. S. Mutual Savings and Loan Association, FSA?
$306.1 million in total assets and $287.0 million in deposits as of December 31, 1985, with assets down 10.0% from a year before. Its loans were $224.3 million.
Is U. S. Mutual Savings and Loan Association, FSA profitable?
No: it lost $12.1 million from January 1 to December 31, 1985. Its return on assets was -3.82% a year; about 1% is typical.
When did U. S. Mutual Savings and Loan Association, FSA fail?
Nov 26, 1985. Great Lakes Bancorp of Ann Arbor, MI took over its deposits. The estimated cost of the failure was $31.1 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.