# AMERICAN HOME SAVINGS

> **Failed bank** · SALEM, OR · failed 1988-12-15 · Savings bank · FDIC cost $145M

## What happened

AMERICAN HOME SAVINGS of SALEM, OR was closed by state regulators on **1988-12-15**. The FDIC was named receiver.

**Resolution:** A/A

Deposits were transferred to **AMERICAN HOME SAVINGS A FSB** (SALEM, OR). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2008
- **FDIC Certificate:** 28891
- **FDIC FIN:** 1767
- **Bank name:** AMERICAN HOME SAVINGS
- **Location:** SALEM, OR
- **Failure date:** 1988-12-15
- **FDIC resolution date:** 1988-12-15
- **Charter type:** Savings bank
- **Resolution type:** A/A
- **Estimated FDIC DIF cost:** $145M
- **Deposits at failure:** $383M
- **Assets at failure:** $403M
- **Acquiring bank:** AMERICAN HOME SAVINGS A FSB (SALEM, OR)

## Other banks AMERICAN HOME SAVINGS A FSB has acquired in FDIC resolutions

- COMMUNITY FIRST FED SAVINGS (VANCOUVER, WA) — failed 1988-12-15 — /failed-bank/2009

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=AMERICAN%20HOME%20SAVINGS

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, AMERICAN HOME SAVINGS (FDIC ID 2008), failed 1988-12-15. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/2008.

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*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*