Universal Savings and Loan Association
Scottsdale, AZ
$117M
total assets, March 31, 1988
$117M
total assets, March 31, 1988
Universal Savings and Loan Association was a savings and loan in Scottsdale, AZ. It failed on May 24, 1988, and its insured deposits were paid out. At its last report it held $116.8 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1988
This bank failed
- Failed on
- May 24, 1988
- Assets
- $117M
- Deposits
- $115M
- Estimated cost
- Not known
- Deposits went to
- assisted merger
Total assets
$117M
+3.0% in a year · +0.3% in a quarter
Deposits
$115M
+9.4% in a year · +4.5% in a quarter
Loans
$76.5M
-6.7% in a year · -4.4% in a quarter
Profit so far
-$978K
Jan 1 to Mar 31, 1988
Capital ratio
0.00%
0.00 pts in a year
Return on assets
-3.36%
-2.63 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 4141 North Socttsdale Road, Scottsdale, AZ, 85251
- County
- Maricopa
- Established
- Jan 1, 1979
- Failed
- May 25, 1988
- Id
- b32034
Quarter by quarter
March 31, 1984 to March 31, 1988
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 Universal Savings and Loan Association?
$116.8 million in total assets and $114.8 million in deposits as of March 31, 1988, with assets up 3.0% from a year before. Its loans were $76.5 million.
Is Universal Savings and Loan Association profitable?
No: it lost $978,000 from January 1 to March 31, 1988. Its return on assets was -3.36% a year; about 1% is typical.
When did Universal Savings and Loan Association fail?
May 24, 1988.
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.