# FIRST FED. SAVINGS ASSOC. OF YORK

> **Failed bank** · YORK, NE · failed 1990-01-18 · SL · FDIC cost $3M

## What happened

FIRST FED. SAVINGS ASSOC. OF YORK of YORK, NE was closed by state regulators on **1990-01-18**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **FIRST TRUST COMPANY OF YORK** (YORK, NE). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2620
- **FDIC Certificate:** 30855
- **FDIC FIN:** 7082
- **Bank name:** FIRST FED. SAVINGS ASSOC. OF YORK
- **Location:** YORK, NE
- **Failure date:** 1990-01-18
- **FDIC resolution date:** 1990-06-22
- **Charter type:** SL
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $3M
- **Deposits at failure:** $55M
- **Assets at failure:** $60M
- **Acquiring bank:** FIRST TRUST COMPANY OF YORK (YORK, NE)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20FED.%20SAVINGS%20ASSOC.%20OF%20YORK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST FED. SAVINGS ASSOC. OF YORK (FDIC ID 2620), failed 1990-01-18. Retrieved via AI Analytics 2026-07-15 from https://api.ai-analytics.org/failed-bank/2620.

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