Data / Bank failures / 1991 / United Home Federal
United Home Federal, Toledo, OH: failed September 6, 1991
United Home Federal in Toledo, Ohio, failed on September 6, 1991. Standard FB of Troy, MI, took over its deposits. It held $443.4 million in assets and $446.9 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $9.7 million (2.2% of its assets). By assets it was the 55th largest of 271 banks closed or assisted in 1991.
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The FDIC's record
- Closed
- September 6, 1991
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Standard FB, Troy, MI
- Total assets
- $443,424,000
- Total deposits
- $446,860,000
- Estimated cost to the FDIC
- $9,719,140 (estimate as of July 31, 2026)
- Charter
- Savings and loan association
- Insurance fund
- RTC
- FDIC certificate
- 29411
Other bank failures in Ohio, 1989 to 1993
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Crestline FS & La | Crestline | November 20, 1992 | $27.5 million | $26.8 million | $6.9 million | Premier B&T |
| Transohio, FSB | Cleveland | July 10, 1992 | $3.37 billion | $2.40 billion | $52.1 million | |
| First Ohio SB, FSB | ST. Bernard | March 13, 1992 | $40.8 million | $31.8 million | $228 | Patriot FSB |
| First FS & La | MT. Vernon | August 23, 1991 | $73.1 million | $74.4 million | $4,163 | First FS&LA of Wooster |
| Merchants & Mechanics FSB | Springfield | August 23, 1991 | $209.9 million | $206.1 million | $22.6 million | Banc One FSB |
| Liberty SB, FSB | Marietta | May 3, 1991 | $17.8 million | $17.8 million | $3.3 million | People's B&TC |
| Columbia Fsa of Hamilton | Hamilton | April 5, 1991 | $61.3 million | $51.7 million | $1.2 million | Home FB, A FSB |
| Arcanium Fsa | Arcanum | March 15, 1991 | $45.4 million | $46.8 million | $2.9 million | Second NB |
All bank failures in 1991 · All bank failures in Ohio · 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.