Data / Bank failures / 1990 / Hiawatha Savings & Loan
Hiawatha Savings & Loan, Hiawatha, KS: failed March 9, 1990
Hiawatha Savings & Loan in Hiawatha, Kansas, failed on March 9, 1990. Morrill & Janes B&TC of Hiawatha, KS, took over its deposits. It held $49.2 million in assets and $54.1 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $38.4 million (78.1% of its assets). By assets it was the 226th largest of 382 banks closed or assisted in 1990.
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The FDIC's record
- Closed
- March 9, 1990
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Morrill & Janes B&TC, Hiawatha, KS
- Total assets
- $49,198,000
- Total deposits
- $54,136,000
- Estimated cost to the FDIC
- $38,426,656 (estimate as of July 31, 2026)
- Charter
- Savings and loan association
- Insurance fund
- RTC
- FDIC certificate
- 28697
Other bank failures in Kansas, 1988 to 1992
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| The Bremen State Bank | Bremen | December 18, 1992 | $2.7 million | $2.6 million | $722,043 | |
| The Overland Park FS & La | Overland Park | November 13, 1992 | $213.4 million | $95.3 million | $6.4 million | Conservative SB, FSB |
| The Home State Bank | Longton | June 4, 1992 | $4.2 million | $4.2 million | $729,952 | |
| The Douglass Bank (assistance) | Kansas City | December 4, 1991 | $31.9 million | $30.2 million | $880,547 | The Douglass Bank |
| The Bank of Horton | Horton | June 13, 1991 | $167.3 million | $170.5 million | $4.3 million | Kansas State Bank |
| First Fsa of Newton | Newton | May 10, 1991 | $125.6 million | $105.8 million | $1.5 million | Central Nb-Newton |
| First FS & La of Pittsburg | Pittsburg | May 3, 1991 | $290.9 million | $143.5 million | $4,726 | Farm & Home Sa |
| The Bazine State Bank | Bazine | April 12, 1990 | $16.9 million | $16.5 million | $2 million | Farmers Bank & Trust, Natio |
All bank failures in 1990 · All bank failures in Kansas · 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.