Data / Bank failures / 1990 / First Fed. Savings Assoc. of York
First Fed. Savings Assoc. of York, York, NE: failed January 18, 1990
First Fed. Savings Assoc. of York in York, Nebraska, failed on January 18, 1990. First Trust Company of York of York, NE, took over its deposits. It held $59.7 million in assets and $54.9 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $2.8 million (4.8% of its assets). By assets it was the 199th largest of 382 banks closed or assisted in 1990.
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The FDIC's record
- Closed
- January 18, 1990
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- First Trust Company of York, York, NE
- Total assets
- $59,744,000
- Total deposits
- $54,885,000
- Estimated cost to the FDIC
- $2,846,471 (estimate as of July 31, 2026)
- Charter
- Savings and loan association
- Insurance fund
- RTC
- FDIC certificate
- 30855
Other bank failures in Nebraska, 1988 to 1992
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Equitable S & La, FA | Columbus | February 16, 1990 | $73.2 million | $63.7 million | $3.9 million | Conservative SB, FSB |
| Heritage FSB | Omaha | February 16, 1990 | $225 million | $175.7 million | $16.5 million | |
| The Farmers State Bank | Lyman | September 23, 1989 | $5.7 million | $5.6 million | $1 million | First National Bank in Morr |
| Nile Valley Federal S & L Assoc. | Scottsbluff | February 17, 1989 | $56.3 million | $64.1 million | $38.9 million | First NB&TC of North Platte |
| Occidental/nebraska FSB | Omaha | February 17, 1989 | $677.3 million | $529.9 million | $155.7 million | Firstier Bank, NA, Omaha |
| Equitable Federal Savings Bank | Fremont | February 17, 1989 | $225.2 million | $205.4 million | $28.6 million | Firstier Bank, NA, Omaha |
| Platte Valley FS & La | Gering | February 17, 1989 | $316.8 million | $320.8 million | $181.1 million | First NB&TC of North Platte |
| Midwest Fed. S & L Assoc. | Nebraska City | February 17, 1989 | $139.1 million | $119.7 million | $32 million | American NB |
All bank failures in 1990 · All bank failures in Nebraska · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-24. 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.