# SUPERIOR FSA

> **Failed bank** · CLEVELAND, OH · failed 1990-10-23 · SL · FDIC cost $21M

## What happened

SUPERIOR FSA of CLEVELAND, OH was closed by state regulators on **1990-10-23**. The FDIC was named receiver.

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

Deposits were transferred to **HOME FSB, NORTHERN OH** (LAKEWOOD, OH). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2924
- **FDIC Certificate:** 28464
- **FDIC FIN:** 2127
- **Bank name:** SUPERIOR FSA
- **Location:** CLEVELAND, OH
- **Failure date:** 1990-10-23
- **FDIC resolution date:** 1991-09-27
- **Charter type:** SL
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $21M
- **Deposits at failure:** $58M
- **Assets at failure:** $96M
- **Acquiring bank:** HOME FSB, NORTHERN OH (LAKEWOOD, OH)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, SUPERIOR FSA (FDIC ID 2924), failed 1990-10-23. Retrieved via AI Analytics 2026-07-03 from https://api.ai-analytics.org/failed-bank/2924.

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