268 failures · $143 billion in assets
Bank failures in 1991
268 insured banks failed in 1991, down from 381 in 1990. Together they reported $143 billion in assets, and the FDIC's estimated loss on them is $15.2 billion. The largest was Bank of New England, National Association of Boston, Massachusetts, at $13.4 billion. The costliest for the insurance fund was Oak Tree Savings Bank, S.S.B., at an estimated $2.3 billion. Texas led with 41 failures, ahead of Florida with 23. The FDIC also recorded three assistance transactions that year, kept open rather than closed, and listed separately below.
Week by week
- $1 billion or more
- $100 million to $1 billion
- under $100 million
Where they failed
Failures by state in 1991: Texas 41, Florida 23, California 21, Connecticut 20, New Jersey 16, Massachusetts 15, New Hampshire 14, Illinois 8, Ohio 8, Louisiana 8, Oklahoma 8, Pennsylvania 7 and others.
Explore
Filter and sort the 1991 failures by state, size or loss. Other years: 1990 · 1992.
| Closed | Bank | Location | Total assets | Est. loss |
|---|---|---|---|---|
| January 4, 1991 | First Federal Savings and Loan Association of Pittsburgh | Pittsburgh, PA | $3.1 billion | $96.0 million |
| January 4, 1991 | Fulton Federal Savings Bank | Atlanta, GA | $2.0 billion | $80.6 million |
| January 4, 1991 | First Federal Savings and Loan Association | San Antonio, TX | $639 million | $37.7 million |
| January 4, 1991 | Trident Federal Savings and Loan Association | Newark, NJ | $47.2 million | $7.5 million |
| January 4, 1991 | Royal Oak Federal Savings and Loan Association | Randallstown, MD | $27.3 million | $2 thousand |
| January 6, 1991 | Bank of New England, National Association | Boston, MA | $13.4 billion | $573 million |
| January 6, 1991 | The Connecticut Bank and Trust Company, National Association | Hartford, CT | $7.2 billion | $151 million |
| January 6, 1991 | Maine National Bank | Portland, ME | $1.0 billion | none |
| January 11, 1991 | Far West Savings and Loan Association | Newport Beach, CA | $3.7 billion | $499 million |
| January 11, 1991 | Malibu Savings Bank | Costa Mesa, CA | $139 million | $22.1 million |
| January 11, 1991 | Community National Bank | Glastonbury, CT | $85.4 million | $26.6 million |
| January 11, 1991 | Connecticut Savings and Loan Association | Hartford, CT | $17.4 million | $3.4 million |
| January 18, 1991 | Irving Savings and Loan Association | Paterson, NJ | $222 million | $25.7 million |
| January 18, 1991 | Beach Savings Bank | Fountain Valley, CA | $81.8 million | $110 thousand |
| January 22, 1991 | American Bank, National Association | Rio Rancho, NM | $20.7 million | $10.9 million |
| January 24, 1991 | Metropolitan National Bank | Farmers Branch, TX | $97.3 million | $15.4 million |
| January 25, 1991 | Columbia Savings and Loan Association | Beverly Hills, CA | $5.4 billion | $206 million |
| January 25, 1991 | Trustbank Savings, F.S.B. | Tysons Corner, VA | $1.8 billion | $173 million |
| January 25, 1991 | Center Savings and Loan Association | Clifton, NJ | $133 million | $15.3 million |
| January 25, 1991 | Alvarado Bank | Richmond, CA | $33.5 million | $4.3 million |
| January 25, 1991 | Coral Savings and Loan Association | Coral Springs, FL | $32.2 million | $4.3 million |
| January 29, 1991 | Citizens National Bank & Trust Company of Chicago | Chicago, IL | $18.8 million | $2.6 million |
| January 31, 1991 | Bank of the Hills | Austin, TX | $255 million | $35.3 million |
| January 31, 1991 | Rockport Bank, National Association | Aransas County, TX | $17.8 million | $3.0 million |
| February 1, 1991 | Coreast Savings Bank, FSB | Richmond, VA | $1.2 billion | $211 million |
| February 1, 1991 | Maine Savings Bank | Portland, ME | $1.2 billion | $184 million |
| February 1, 1991 | First Federal Savings and Loan Association | Toledo, OH | $1.0 billion | $38.4 million |
| February 1, 1991 | The Merchants Bank and Trust Company | Norwalk, CT | $270 million | $87.5 million |
| February 1, 1991 | George Washington Savings and Loan Association Incorporated | Jonesborough, TN | $14.6 million | $1.3 million |
| February 7, 1991 | Lockhart State Bank | Lockhart, TX | $24.3 million | $2.1 million |
| February 7, 1991 | First National Bank in Kaufman | Kaufman, TX | $20.4 million | $3.3 million |
| February 8, 1991 | Unity Savings and Loan Association | Beverly Hills, CA | $454 million | $60.1 million |
| February 8, 1991 | First Jersey Savings and Loan Association | Wyckoff, NJ | $288 million | $37.8 million |
| February 8, 1991 | Family Savings and Loan Association | Seattle, WA | $99.6 million | $3.6 million |
| February 8, 1991 | Peoples Federal Savings and Loan Association | Bay St. Louis, MS | $59.7 million | $2.1 million |
| February 8, 1991 | First Federal Savings and Loan Association | Waynesboro, TN | $18.2 million | $2.1 million |
| February 14, 1991 | Merchants Trust & Savings Bank | Kenner, LA | $43.8 million | $11.2 million |
| February 14, 1991 | The First National Bank of Wortham | Wortham, TX | $7.3 million | $2.1 million |
| February 20, 1991 | First Northern Cooperative Bank | Keene, NH | $115 million | $25.8 million |
| February 21, 1991 | Southwest National Bank | Albuquerque, NM | $37.2 million | $4.7 million |
| February 22, 1991 | Hollywood Federal Bank, A Federal Savings Bank | Hollywood, FL | $1.5 billion | $82.6 million |
| February 22, 1991 | The McKinley Bank | Niles, OH | $70.6 million | none |
| February 22, 1991 | First Federal Savings and Loan Association | Dallas, GA | $37.5 million | $4.1 million |
| February 28, 1991 | United Citizens Bank, National Association | College Station, TX | $44.9 million | $9.8 million |
| March 1, 1991 | Amerifederal Savings Bank | Lawrenceville, NJ | $111 million | $17.6 million |
| March 1, 1991 | Peoples Federal Savings and Loan Association | New Kensington, PA | $108 million | $2.5 million |
| March 8, 1991 | Jefferson Federal Savings and Loan Association of Birmingham | Birmingham, AL | $666 million | $17.5 million |
| March 8, 1991 | Beacon Federal Savings Bank | Baldwin, NY | $406 million | $19.9 million |
| March 8, 1991 | Preferred Savings Bank, Inc. | High Point, NC | $224 million | $19.2 million |
| March 8, 1991 | Alexander Hamilton Savings and Loan Association of Paterson | Paterson, NJ | $211 million | $4.0 million |
| March 8, 1991 | First Citizens Federal Savings and Loan Association | Fort Pierce, FL | $200 million | $36.9 million |
| March 8, 1991 | First Federal Bank FSB | Huron, SD | $51.9 million | $526 thousand |
| March 8, 1991 | First Federal Savings and Loan Association of Wewoka | Wewoka, OK | $32.9 million | $5.2 million |
| March 8, 1991 | Manilabank California | Los Angeles, CA | $20.8 million | $3.9 million |
| March 8, 1991 | First Marine Bank of Florida | Palm City, FL | $17.2 million | $3.6 million |
| March 8, 1991 | SeaFirst Bank | Port St. Lucie, FL | $11.5 million | $1.9 million |
| March 14, 1991 | Coolidge Corner Co-operative Bank | Brookline, MA | $83.7 million | $12.1 million |
| March 14, 1991 | Crossroads Bank | Victoria, TX | $22.4 million | $4.0 million |
| March 15, 1991 | Amerifirst Bank, A FSB | Miami, FL | $3.6 billion | $558 million |
| March 15, 1991 | Home Savings Association of Kansas City, FA | Kansas City, MO | $2.9 billion | $308 million |
| March 15, 1991 | Bell Savings Bank PaSa | Upper Darby, PA | $851 million | $197 million |
| March 15, 1991 | The Blackstone Bank and Trust Company | Boston, MA | $49.3 million | $15.2 million |
| March 15, 1991 | Arcanum Federal Savings and Loan Association | Arcanum, OH | $45.4 million | $2.9 million |
| March 15, 1991 | Sovereign Savings Bank | Palm Harbor, FL | $38.9 million | $3.4 million |
| March 21, 1991 | Sabinal Bank | Sabinal, TX | $24.8 million | $3.7 million |
| March 21, 1991 | Citadel Bank | Willis, TX | $21.9 million | $5.7 million |
| March 22, 1991 | United Federal Savings Bank of Iowa | Des Moines, IA | $896 million | $50.2 million |
| March 22, 1991 | State Savings, F.A. | Jackson Heights, NY | $445 million | $166 million |
| March 22, 1991 | First Federal Savings and Loan Association of Chickasha | Chickasha, OK | $161 million | $4.3 million |
| March 22, 1991 | The Federal Savings Bank | Swainsboro, GA | $151 million | $46.3 million |
| March 22, 1991 | American Federal Savings and Loan Association of Ada | Ada, OK | $110 million | $44.6 million |
| March 22, 1991 | Citizens Security Bank, a Federal Savings Bank | Borger, TX | $34.1 million | $6.2 million |
| March 22, 1991 | Republic Federal Savings Bank | Rockville, MD | $26.4 million | $8.4 million |
| March 27, 1991 | County Bank, A FSB | Santa Barbara, CA | $1.2 billion | $103 million |
| March 28, 1991 | The Landmark Bank | Hartford, CT | $228 million | $53.3 million |
| March 29, 1991 | City Bank and Trust | Claremont, NH | $116 million | $40.6 million |
| March 29, 1991 | Citizens National Bank | Limon, CO | $11.4 million | $3.0 million |
| April 4, 1991 | First State Bank | Weimar, TX | $26.0 million | $2.2 million |
| April 5, 1991 | First Federal Savings and Loan Association of Seminole Co | Sanford, FL | $185 million | $17.7 million |
| April 5, 1991 | First Savings Bank of Zion | Zion, IL | $63.2 million | $6.2 million |
| April 5, 1991 | Columbia Federal Savings and Loan Association | Hamilton, OH | $61.3 million | $1.2 million |
| April 5, 1991 | The Blueville Bank of Grafton | Grafton, WV | $48.1 million | $3.8 million |
| April 5, 1991 | First Federal Savings Bank | Ashburn, GA | $30.2 million | $2.7 million |
| April 11, 1991 | American Bank & Trust Company | Shreveport, LA | $60.9 million | $10.5 million |
| April 12, 1991 | Security Savings and Loan Association | Waterbury, CT | $143 million | $50.0 million |
| April 12, 1991 | Arizona Commerce Bank | Tucson, AZ | $80.8 million | $7.3 million |
| April 12, 1991 | Whitney Bank and Trust | Hamden, CT | $40.6 million | $29.6 million |
| April 18, 1991 | Community National Bank | Sherman, TX | $19.0 million | $2.7 million |
| April 19, 1991 | Metropolitan Federal Bank, a federal savings bank | Nashville, TN | $985 million | $112 million |
| April 19, 1991 | Cimarron Federal Savings and Loan Association | Muskogee, OK | $782 million | none |
| April 19, 1991 | Prospect Park Savings Bank, SLA | West Paterson, NJ | $512 million | $94.8 million |
| April 19, 1991 | Chisholm Federal Savings and Loan Association | Kingfisher, OK | $154 million | none |
| April 19, 1991 | Mercantile Savings Bank | Southaven, MS | $33.8 million | $9.1 million |
| April 26, 1991 | Sunbelt Savings, FSB | Irving, TX | $6.0 billion | $3 thousand |
| April 26, 1991 | John Hanson Savings Bank, FSB | Beltsville, MD | $841 million | $148 million |
| April 26, 1991 | Red River Federal Savings and Loan Association | Lawton, OK | $422 million | none |
| April 26, 1991 | Augusta Federal Savings Bank | Baltimore, MD | $151 million | $5.6 million |
| April 26, 1991 | Home Federal Savings and Loan Association | Algona, IA | $134 million | $4 thousand |
| April 26, 1991 | Executive Bank, F.S.B. | Marina Del Rey, CA | $58.6 million | $6.3 million |
| April 26, 1991 | Columbine Valley Bank and Trust | Jefferson County, CO | $9.5 million | $2.0 million |
| May 3, 1991 | Boston Trade Bank | Boston, MA | $307 million | $127 million |
| May 3, 1991 | First Federal Savings and Loan Association of Pittsburg | Pittsburg, KS | $291 million | $5 thousand |
| May 3, 1991 | Security Federal Savings and Loan Association of Albuquerque | Albuquerque, NM | $262 million | $29.4 million |
| May 3, 1991 | Sentry Federal Savings Bank | Norfolk, VA | $50.3 million | $12.3 million |
| May 3, 1991 | Newton Savings Bank, SLA | Fairfield, NJ | $40.9 million | $3.6 million |
| May 3, 1991 | Century Federal Savings Bank | Chicago, IL | $25.9 million | $1.3 million |
| May 3, 1991 | Liberty Savings Bank | Marietta, OH | $17.8 million | $3.3 million |
| May 9, 1991 | Texas Bank and Trust of Temple | Temple, TX | $45.2 million | $10.7 million |
| May 9, 1991 | Village Green National Bank | Jersey Village, TX | $29.5 million | $8.5 million |
| May 9, 1991 | The First National Bank of Poth | Poth, TX | $18.7 million | $1.4 million |
| May 9, 1991 | The Chireno State Bank | Chireno, TX | $12.4 million | $1.5 million |
| May 10, 1991 | Madison National Bank | Washington, DC | $474 million | $77.8 million |
| May 10, 1991 | Madison National Bank of Virginia | McLean, VA | $174 million | $18.2 million |
| May 10, 1991 | First Federal Savings Bank of Newton | Newton, KS | $126 million | $1.5 million |
| May 10, 1991 | First Federal Savings and Loan Association of Creston | Creston, IA | $67.3 million | $1.8 million |
| May 10, 1991 | Colonial Bank | Cranston, RI | $60.6 million | $28.6 million |
| May 10, 1991 | First Federal Savings and Loan Association of Fargo | Fargo, ND | $50.0 million | $3.0 million |
| May 10, 1991 | Capitol Federal Bank for Savings | Chicago, IL | $39.3 million | none |
| May 10, 1991 | The Washington Bank (of Maryland) | Baltimore, MD | $39.0 million | $968 thousand |
| May 10, 1991 | Guaranty Federal Savings Bank | Warner Robins, GA | $25.6 million | $9.8 million |
| May 10, 1991 | Vermilion State Savings Bank, S.S.B. | Abbeville, LA | $17.8 million | $323 thousand |
| May 16, 1991 | Capital Bank | Dallas, TX | $112 million | $25.4 million |
| May 16, 1991 | First National Bank of Cedar Hill | Cedar Hill, TX | $11.0 million | $2.6 million |
| May 17, 1991 | Altus Bank, A FSB | Mobile, AL | $2.0 billion | $71.2 million |
| May 17, 1991 | The Cosmopolitan National Bank of Chicago | Chicago, IL | $110 million | $14.9 million |
| May 17, 1991 | First City Bank | New Orleans, LA | $56.1 million | $10.4 million |
| May 17, 1991 | Ludington Savings Bank, FSB | Ludington, MI | $34.2 million | $807 thousand |
| May 22, 1991 | The First National Bank of Toms River, N.J. | Toms River, NJ | $1.4 billion | $116 million |
| May 23, 1991 | Far West Federal Bank, S. B. | Portland, OR | $2.1 billion | $314 million |
| May 23, 1991 | Liberty National Bank | Lovington, NM | $51.4 million | $3.9 million |
| May 24, 1991 | Progressive Savings Bank | Pasadena, CA | $388 million | $41.7 million |
| May 24, 1991 | Florida State Bank | Holiday, FL | $87.4 million | $16.5 million |
| May 24, 1991 | First Security Bank | Roanoke, VA | $15.9 million | $4.5 million |
| May 31, 1991 | Goldome | Buffalo, NY | $9.9 billion | $779 million |
| May 31, 1991 | Goldome Savings Bank, F.S.B. | St. Petersburg, FL | $1.5 billion | $96.9 million |
| May 31, 1991 | Merabank Texas, FSB | El Paso, TX | $1.2 billion | none |
| May 31, 1991 | University Bank, National Association | Newton, MA | $319 million | $104 million |
| May 31, 1991 | Westerleigh Savings, A Federal Savings and Loan Association | Staten Island, NY | $148 million | $9.9 million |
| May 31, 1991 | United Savings Bank, FSB | Smyrna, GA | $119 million | $11.0 million |
| May 31, 1991 | Burleson County Savings Association, A Federal Savings Bank | Caldwell, TX | $31.5 million | $7.4 million |
| May 31, 1991 | Enterprise Savings and Loan Association | Compton, CA | $13.5 million | $88 thousand |
| June 6, 1991 | Northwest Bank, National Association | San Antonio, TX | $7.2 million | $789 thousand |
| June 7, 1991 | Dryades Savings and Loan Association | New Orleans, LA | $262 million | $15.1 million |
| June 7, 1991 | Woburn Five Cents Savings Bank | Woburn, MA | $247 million | $35.9 million |
| June 13, 1991 | Bank of Horton | Horton, KS | $167 million | $4.3 million |
| June 13, 1991 | Tascosa National Bank of Amarillo | Amarillo, TX | $73.9 million | $11.8 million |
| June 13, 1991 | Peoples Bank | Hewitt, TX | $17.3 million | $4.0 million |
| June 13, 1991 | Texas Premier Bank of Victoria, National Association | Victoria, TX | $15.4 million | $1.2 million |
| June 14, 1991 | Springfield Federal Savings and Loan Association | Springfield, PA | $97.5 million | none |
| June 14, 1991 | First Commerce Bank, A FSB | Lowell, IN | $10.9 million | $1.4 million |
| June 21, 1991 | Guardian Savings and Loan Association | Huntington Beach, CA | $682 million | $150 million |
| June 21, 1991 | Beacon Co-operative Bank | Boston, MA | $31.8 million | $2.9 million |
| June 28, 1991 | First Mutual Bank for Savings | Boston, MA | $1.1 billion | $170 million |
| June 28, 1991 | Metrobank for Savings FSB | Palisades Park, NJ | $474 million | $146 million |
| June 28, 1991 | United Federal Savings and Loan Association | Jonesboro, AR | $142 million | $16.3 million |
| July 9, 1991 | Surety Federal Savings and Loan Association, FSA | Morganton, NC | $225 million | $1.8 million |
| July 12, 1991 | Pan American Savings Bank | San Mateo, CA | $287 million | $8.3 million |
| July 12, 1991 | Danbury Savings and Loan Association Incorporated | Danbury, CT | $270 million | $24.7 million |
| July 12, 1991 | Monycor Savings Bank, FSB | Barron, WI | $152 million | $1.9 million |
| July 12, 1991 | Fidelity Savings-Austin, FA | Austin, TX | $67.0 million | $5.0 million |
| July 12, 1991 | Dripping Springs National Bank | Dripping Springs, TX | $20.2 million | $3.7 million |
| July 12, 1991 | Landmark Thrift and Loan Association | San Diego, CA | $16.6 million | $2.2 million |
| July 19, 1991 | Pontchartrain State Bank | Metairie, LA | $140 million | $29.4 million |
| July 19, 1991 | Cooperative Federal Savings and Loan Association | Westmont, IL | $74.9 million | $1 thousand |
| July 19, 1991 | Community Guardian Bank | Elmwood Park, NJ | $55.3 million | $16.0 million |
| July 19, 1991 | Clinton Savings and Loan Association | Clinton, OK | $22.2 million | $2.4 million |
| July 19, 1991 | New Metropolitan Federal Savings and Loan Association | Hialeah, FL | $18.4 million | $28.2 million |
| July 25, 1991 | The Kerens Bank | Kerens, TX | $19.5 million | $5.1 million |
| July 26, 1991 | Atlantic Financial Savings Bank, FSB | San Francisco, CA | $449 million | $35.0 million |
| July 26, 1991 | Suburban National Bank | Hillsborough Twns, NJ | $91.1 million | $27.8 million |
| July 26, 1991 | Housatonic Bank & Trust Company | Ansonia, CT | $69.1 million | $13.4 million |
| July 26, 1991 | Westland Federal Savings and Loan Association | Rawlins, WY | $31.8 million | $2.7 million |
| August 2, 1991 | Standard Federal Savings Bank | Columbia, SC | $320 million | $2.7 million |
| August 2, 1991 | Coral Coast Savings Bank, FSB | Boynton Beach, FL | $61.2 million | $16.2 million |
| August 9, 1991 | Great American Bank, a Federal Savings Bank | San Diego, CA | $9.5 billion | $995 million |
| August 9, 1991 | Citytrust | Bridgeport, CT | $1.9 billion | $511 million |
| August 9, 1991 | Mechanics and Farmers Savings Bank FSB | Bridgeport, CT | $1.1 billion | $325 million |
| August 9, 1991 | Larchmont Federal Savings and Loan Association | Larchmont, NY | $124 million | $6 thousand |
| August 9, 1991 | Bank of South Palm Beaches | Hypoluxo, FL | $61.3 million | $31.0 million |
| August 9, 1991 | First Federal Savings and Loan Association of Thief River Falls | Thief River Falls, MN | $54.6 million | $2.6 million |
| August 9, 1991 | Southcoast Bank Corp. | West Palm Beach, FL | $26.1 million | $12.6 million |
| August 16, 1991 | First American Federal Bank, FSB | Tucson, AZ | $145 million | $11.2 million |
| August 16, 1991 | Northwest National Bank | Fayetteville, AR | $29.4 million | $936 thousand |
| August 16, 1991 | Enfield National Bank | Enfield, CT | $19.0 million | $4.5 million |
| August 16, 1991 | Centre Savings Association | Arlington, TX | $15.2 million | $4.7 million |
| August 22, 1991 | Buchel Bank and Trust Company | Cuero, TX | $25.0 million | $1.3 million |
| August 22, 1991 | First Mexia Bank | Mexia, TX | $22.5 million | $3.7 million |
| August 23, 1991 | Merchants and Mechanics Federal Savings Bank | Springfield, OH | $210 million | $22.6 million |
| August 23, 1991 | First Federal Savings and Loan Association | Mt. Vernon, OH | $73.1 million | $4 thousand |
| August 23, 1991 | New Age Federal Savings and Loan Association of St Louis | St. Louis, MO | $9.2 million | $1.9 million |
| August 29, 1991 | First National Bank and Trust Company, Blackwell, Oklahoma | Blackwell, OK | $33.5 million | $1.1 million |
| August 29, 1991 | The San Saba National Bank | San Saba, TX | $15.6 million | $1.1 million |
| August 30, 1991 | Future Federal Savings Bank | Louisville, KY | $422 million | $29.1 million |
| August 30, 1991 | Lowell Institution for Savings | Lowell, MA | $386 million | $122 million |
| August 30, 1991 | Homestead Savings Association | Middletown, PA | $223 million | $17.5 million |
| August 30, 1991 | Hilton Head Bank & Trust Company, National Association | Hilton Head Island, SC | $64.6 million | $20.9 million |
| August 30, 1991 | Hillsborough Bank & Trust Company | Milford, NH | $49.9 million | $23.9 million |
| August 30, 1991 | United Federal Savings Bank | Prestonsburg, KY | $39.9 million | none |
| September 6, 1991 | United Home Federal | Toledo, OH | $443 million | $9.7 million |
| September 6, 1991 | Suffield Bank | Suffield, CT | $295 million | $83.6 million |
| September 6, 1991 | Heartland Savings and Loan Association | La Mesa, CA | $122 million | $18.4 million |
| September 6, 1991 | Bay Savings Bank | West Palm Beach, FL | $58.1 million | $12.7 million |
| September 6, 1991 | The Family Bank and Trust | Allenstown, NH | $46.7 million | $10.2 million |
| September 13, 1991 | Davy Crockett Federal Savings Bank | Crockett, TX | $50.5 million | $2.3 million |
| September 13, 1991 | Evergreen Federal Savings Bank | Charleston, WV | $40.3 million | $3.6 million |
| September 13, 1991 | Valley Bank | White River Junction, VT | $33.7 million | $11.1 million |
| September 19, 1991 | Southeast Bank, National Association | Miami, FL | $11.0 billion | none |
| September 19, 1991 | Abraham Lincoln Federal Savings Bank | Dresher, PA | $189 million | $10.1 million |
| September 19, 1991 | Southeast Bank of West Florida | Pensacola, FL | $97.3 million | none |
| September 20, 1991 | Bank Five for Savings | Arlington, MA | $387 million | $96.6 million |
| September 20, 1991 | Mid-Jersey National Bank | Somerville, NJ | $29.5 million | $6.0 million |
| September 27, 1991 | United Savings of America | Chicago, IL | $1.2 billion | $63.5 million |
| September 27, 1991 | Santa Paula Savings and Loan Association | Santa Paula, CA | $281 million | $6.9 million |
| September 27, 1991 | First Federal Savings and Loan Association | Beaumont, TX | $251 million | $24.9 million |
| September 27, 1991 | Eastern Federal Savings and Loan Association of Sayville | Sayville, NY | $250 million | $29.1 million |
| September 27, 1991 | Nutley Savings Bank, SLA | Nutley, NJ | $189 million | $17.9 million |
| September 27, 1991 | Plymouth Federal Savings Bank | Plymouth, MA | $175 million | $20.1 million |
| September 27, 1991 | Home Federal Savings and Loan Association of Harlan | Harlan, IA | $91.4 million | $35 thousand |
| September 27, 1991 | MidCounty Bank and Trust Company | Norwood, MA | $62.1 million | $12.4 million |
| September 27, 1991 | Gold River Savings Bank | Fair Oaks, CA | $24.1 million | $2.1 million |
| October 3, 1991 | Harbor National Bank of Connecticut | Branford, CT | $22.9 million | $1.7 million |
| October 3, 1991 | Reagan State Bank | Big Lake, TX | $20.3 million | $4.6 million |
| October 10, 1991 | New Hampshire Savings Bank | Concord, NH | $1.2 billion | $230 million |
| October 10, 1991 | Amoskeag Bank | Manchester, NH | $937 million | $191 million |
| October 10, 1991 | Dartmouth Bank | Manchester, NH | $877 million | $221 million |
| October 10, 1991 | BankEast | Manchester, NH | $817 million | $64.4 million |
| October 10, 1991 | Numerica Savings Bank, FSB | Manchester, NH | $509 million | $111 million |
| October 10, 1991 | Nashua Trust Company | Nashua, NH | $425 million | $35.5 million |
| October 10, 1991 | HomeBank, FSB | Gilford, NH | $255 million | $16.7 million |
| October 10, 1991 | Bank Meridian, National Association | Hampton, NH | $109 million | $8.2 million |
| October 11, 1991 | The First, Federal Association | Orlando, FL | $1.1 billion | $148 million |
| October 11, 1991 | First Federal Savings Bank of West Texas | Lubbock, TX | $224 million | $5.2 million |
| October 11, 1991 | Life Savings Bank | Clearwater, FL | $108 million | $9.2 million |
| October 11, 1991 | Iona Savings Bank | Tilton, NH | $31.2 million | $5.3 million |
| October 13, 1991 | Oak Tree Savings Bank, S.S.B. | New Orleans, LA | $2.2 billion | $2.3 billion |
| October 16, 1991 | First Federal Savings Bank and Trust | Pontiac, MI | $917 million | $34.3 million |
| October 16, 1991 | Citizens Federal Savings Bank | Jacksonville, FL | $65.7 million | $8.9 million |
| October 18, 1991 | Central Bank | Meriden, CT | $655 million | $242 million |
| October 18, 1991 | Mission Valley Bank, National Association | San Clemente, CA | $42.7 million | $14.5 million |
| October 18, 1991 | Connecticut Valley Bank | Cromwell, CT | $28.4 million | $8.6 million |
| October 24, 1991 | First National Bank, Bedford | Bedford, TX | $23.2 million | $2.4 million |
| October 25, 1991 | Coolidge Bank and Trust Company | Boston, MA | $321 million | $85.7 million |
| October 25, 1991 | First Hanover Bank | Wilmington, NC | $48.2 million | $5.7 million |
| October 25, 1991 | The Citizens Bank of Pagosa Springs, Colorado | Pagosa Springs, CO | $17.3 million | $2.1 million |
| October 29, 1991 | The Private Bank & Trust, National Association | Miami, FL | $4.3 million | $1.5 million |
| October 30, 1991 | Bank of the South | Baton Rouge, LA | $31.8 million | $3.6 million |
| October 31, 1991 | Union Bank | San Antonio, TX | $84.9 million | $8.9 million |
| November 1, 1991 | Marine View Savings Bank, SLA | Middletown, NJ | $119 million | $3.8 million |
| November 7, 1991 | Community National Bank and Trust Company of New York | New York, NY | $334 million | $95.9 million |
| November 8, 1991 | Cobb Federal Savings Bank | Marietta, GA | $83.2 million | $25.5 million |
| November 8, 1991 | Delta Savings Bank | Westminster, CA | $52.4 million | $12.0 million |
| November 14, 1991 | Connecticut Savings Bank | New Haven, CT | $1.0 billion | $203 million |
| November 14, 1991 | Worthington State Bank | Worthington, IN | $36.6 million | $1.4 million |
| November 14, 1991 | Alvarado National Bank | Alvarado, TX | $9.2 million | $2.8 million |
| November 15, 1991 | Durham Trust Company | Durham, NH | $71.0 million | $6.3 million |
| November 22, 1991 | White Horse Savings and Loan Association | Trenton, NJ | $72.5 million | $16.8 million |
| November 22, 1991 | Chase Savings and Loan Association | Philadelphia, PA | $46.9 million | $10.4 million |
| November 22, 1991 | Peoples Federal Savings Bank | Ottumwa, IA | $34.3 million | $735 thousand |
| November 22, 1991 | Western Savings and Loan Association | Clenview, IL | $33.2 million | $1.8 million |
| November 26, 1991 | First National Bank of Miami | Miami, FL | $40.5 million | $6.3 million |
| December 6, 1991 | Saybrook Bank and Trust Co. | Old Saybrook, CT | $77.3 million | $18.7 million |
| December 12, 1991 | Granite Co-operative Bank | Quincy, MA | $104 million | $14.0 million |
| December 13, 1991 | Investors Savings Bank, F.S.B. | Richmond, VA | $2.1 billion | $471 million |
| December 13, 1991 | The Bank Mart | Bridgeport, CT | $578 million | $93.9 million |
| December 13, 1991 | Merchants National Bank | Leominster, MA | $154 million | $29.4 million |
| December 13, 1991 | Bank of East Hartford | East Hartford, CT | $36.6 million | $12.9 million |
| December 13, 1991 | Federal Finance & Mortgage, Ltd. | Honolulu, HI | $7.7 million | $878 thousand |
| December 20, 1991 | North Ridge Bank | Oakland Park, FL | $94.3 million | $2.9 million |
Assistance transactions in 1991
In these cases the FDIC or another insurer gave financial help to an insured institution instead of closing it outright. They are not counted as failures on this site.
| Closed | Bank | Location | Total assets | Est. loss |
|---|---|---|---|---|
| September 16, 1991 | First Bank and Trust | Harrisburg, IL | $26.6 million | $627 thousand |
| October 2, 1991 | The Gunnison Bank & Trust Co. | Gunnison, CO | $20.1 million | $1.5 million |
| December 4, 1991 | The Douglass Bank | Kansas City, KS | $31.9 million | $881 thousand |