Data / Bank failures / 1991 / United FSB
United FSB, Prestonsburg, KY: failed August 30, 1991
United FSB in Prestonsburg, Kentucky, failed on August 30, 1991. Pikeville NB&TC of Pikeville, KY, took over its deposits. It held $39.9 million in assets and $39.3 million in deposits at its last report. By assets it was the 187th 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
- Pikeville NB&TC, Pikeville, KY
- Total assets
- $39,869,000
- Total deposits
- $39,317,000
- Charter
- Savings bank
- Insurance fund
- RTC
- FDIC certificate
- 30961
Other bank failures in Kentucky, 1989 to 1993
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Future Federal Savings Bank | Louisville | August 30, 1991 | $422.3 million | $408.9 million | $29.1 million | Citizens Fidelity B&T |
| 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.