UNITED HOME FEDERAL Failed 1991
What happened
UNITED HOME FEDERAL of TOLEDO, OH was closed on 1991-09-06. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to STANDARD FB (TROY, MI). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3181
- FDIC Certificate
- 29411
- FDIC FIN
- 7435
- Bank name
- UNITED HOME FEDERAL
- Location
- TOLEDO, OH
- Failure date
- 1991-09-06
- FDIC resolution date
- 1991-09-06
- Charter type
- SL
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $10M
- Deposits at failure
- $447M
- Assets at failure
- $443M
- Acquiring bank
- STANDARD FB (TROY, MI)