Data / Bank failures / 1990 / First Federal Savings & Loan
First Federal Savings & Loan, Warner Robins, GA: failed April 12, 1990
First Federal Savings & Loan in Warner Robins, Georgia, failed on April 12, 1990. CB&T Bank of Middle Ga of Warner Robins, GA, took over its deposits. It held $150.1 million in assets and $144.1 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $15 million (10% of its assets). By assets it was the 120th largest of 382 banks closed or assisted in 1990.
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The FDIC's record
- Closed
- April 12, 1990
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- CB&T Bank of Middle Ga, Warner Robins, GA
- Total assets
- $150,053,000
- Total deposits
- $144,101,000
- Estimated cost to the FDIC
- $14,964,786 (estimate as of July 31, 2026)
- Charter
- Savings and loan association
- Insurance fund
- RTC
- FDIC certificate
- 31233
Other bank failures in Georgia, 1988 to 1992
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| First FSB of Georgia, FA | Winder | November 6, 1992 | $108.2 million | $97.5 million | $4.4 million | |
| Southern Fsa of Georgia | Atlanta | July 10, 1992 | $160 million | $151.4 million | $8.4 million | |
| First Community Bank of Cherokee | Woodstock | March 31, 1992 | $35.6 million | $33.7 million | $6.9 million | Etowah Bank |
| The Citizens Bank | Dallas | January 10, 1992 | $60.6 million | $59.1 million | $12.7 million | First NB of Paulding Cou |
| Cobb Fsa | Marietta | November 8, 1991 | $83.2 million | $82.8 million | $25.5 million | First Union NB of Ga |
| United FS & La | Smyrna | May 31, 1991 | $119.3 million | $106 million | $11 million | |
| Guaranty Fsa | Warner Robins | May 10, 1991 | $25.6 million | $23.6 million | $9.8 million | Crossroads Bank of Ga |
| First Federal SB, FSB | Ashburn | April 5, 1991 | $30.2 million | $30.6 million | $2.7 million |
All bank failures in 1990 · All bank failures in Georgia · 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.