Data / Bank failures / 1991 / Federal Finance & Mortgage, LTD
Federal Finance & Mortgage, LTD, Honolulu, HI: failed December 13, 1991
Federal Finance & Mortgage, LTD in Honolulu, Hawaii, failed on December 13, 1991. First Hawaiian Credit Corp of Honolulu, HI, took over its deposits. It held $7.7 million in assets and $7.4 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $877,653 (11.4% of its assets). By assets it was the 268th largest of 271 banks closed or assisted in 1991.
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The FDIC's record
- Closed
- December 13, 1991
- Type
- Failure
- How it was resolved
- Insured deposit transfer: the insured deposits moved to another bank
- Acquirer
- First Hawaiian Credit Corp, Honolulu, HI
- Total assets
- $7,732,000
- Total deposits
- $7,427,000
- Estimated cost to the FDIC
- $877,653 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- BIF
- FDIC certificate
- 26241
Other bank failures in Hawaii, 1989 to 1993
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Eastwest Bank, N.A. | Kihei | October 2, 1992 | $3.8 million | $3.4 million | $870,057 | First Hawaiian Bank |
All bank failures in 1991 · All bank failures in Hawaii · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.