Universal Savings and Loan Association, A Federal Savings and Loan Assoc
Scottsdale, AZ
$71.7M
total assets, December 31, 1989
$71.7M
total assets, December 31, 1989
Universal Savings and Loan Association, A Federal Savings and Loan Assoc was a savings and loan in Scottsdale, AZ. It failed on Feb 17, 1989, and First Arizona S&LA took over its deposits. At its last report it held $92.7 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1989
This bank failed
- Failed on
- Feb 17, 1989
- Assets
- $92.7M
- Deposits
- $103M
- Estimated cost
- $22.5M
- Deposits went to
- First Arizona S&LA, Glendale, AZ
Total assets
$71.7M
-22.6% in a year · -3.8% in a quarter
Deposits
$88.4M
-14.2% in a year · -4.3% in a quarter
Loans
$58.0M
+0.8% in a year · +1.2% in a quarter
Profit so far
-$8.8M
Jan 1 to Dec 31, 1989
Capital ratio
0.00%
0.00 pts in a year
Return on assets
-11.14%
-8.23 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 4141 North Scottsdale Road, Scottsdale, AZ, 85251
- County
- Maricopa
- Established
- May 25, 1988
- Failed
- Jan 26, 1990
- Id
- b32585
Quarter by quarter
June 30, 1988 to December 31, 1989
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 7
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Universal Savings and Loan Association, A Federal Savings and Loan Assoc?
$71.7 million in total assets and $88.4 million in deposits as of December 31, 1989, with assets down 22.6% from a year before. Its loans were $58.0 million.
Is Universal Savings and Loan Association, A Federal Savings and Loan Assoc profitable?
No: it lost $8.79 million from January 1 to December 31, 1989. Its return on assets was -11.14% a year; about 1% is typical.
When did Universal Savings and Loan Association, A Federal Savings and Loan Assoc fail?
Feb 17, 1989. First Arizona S&LA of Glendale, AZ took over its deposits. The estimated cost of the failure was $22.5 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.