Data / Bank failures / 1991 / Future Federal Savings Bank
Future Federal Savings Bank, Louisville, KY: failed August 30, 1991
Future Federal Savings Bank in Louisville, Kentucky, failed on August 30, 1991. Citizens Fidelity B&T of Louisville, KY, took over its deposits. It held $422.3 million in assets and $408.9 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $29.1 million (6.9% of its assets). By assets it was the 57th largest of 271 banks closed or assisted in 1991.
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The FDIC's record
- Closed
- August 30, 1991
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Citizens Fidelity B&T, Louisville, KY
- Total assets
- $422,336,000
- Total deposits
- $408,926,000
- Estimated cost to the FDIC
- $29,146,956 (estimate as of July 31, 2026)
- Charter
- Savings bank
- Insurance fund
- RTC
- FDIC certificate
- 27862
Other bank failures in Kentucky, 1989 to 1993
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| United FSB | Prestonsburg | August 30, 1991 | $39.9 million | $39.3 million | Pikeville NB&TC | |
| Corinth Deposit National Bank | Corinth | April 19, 1990 | $8.7 million | $8.7 million | $401,514 | The National Bank of Corint |
| Henderson Home S & La | Henderson | February 2, 1990 | $50.4 million | $49.8 million | $2.2 million | Farmers B&TC |
All bank failures in 1991 · All bank failures in Kentucky · 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.