United Federal Savings Bank of Iowa
Des Moines, IA
$896M
total assets, December 31, 1990
$896M
total assets, December 31, 1990
United Federal Savings Bank of Iowa was a savings bank in Des Moines, IA. It failed on Mar 22, 1991, and Branch Sale took over its deposits. At its last report it held $895.8 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1990
This bank failed
- Failed on
- Mar 22, 1991
- Assets
- $896M
- Deposits
- $716M
- Estimated cost
- $50.2M
- Deposits went to
- Branch Sale, None, NA
Total assets
$896M
-10.4% in a year · -1.4% in a quarter
Deposits
$716M
-10.2% in a year · +0.4% in a quarter
Loans
$583M
-9.0% in a year · -2.3% in a quarter
Profit so far
-$12.2M
Jan 1 to Dec 31, 1990
Capital ratio
-1.08%
-1.08 pts in a year
Return on assets
-1.29%
+0.71 pts in a year
Facts
- Type
- Savings bank
- Head office
- 4th And Locust, Des Moines, IA, 50308
- County
- Polk
- Established
- Jan 1, 1934
- Failed
- Mar 22, 1991
- Employees
- 275
- Id
- b29287
Quarter by quarter
March 31, 1984 to December 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 United Federal Savings Bank of Iowa?
$895.8 million in total assets and $715.8 million in deposits as of December 31, 1990, with assets down 10.4% from a year before. Its loans were $582.9 million.
Is United Federal Savings Bank of Iowa profitable?
No: it lost $12.2 million from January 1 to December 31, 1990. Its return on assets was -1.29% a year; about 1% is typical.
When did United Federal Savings Bank of Iowa fail?
Mar 22, 1991. Branch Sale of None, NA took over its deposits. The estimated cost of the failure was $50.2 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.