Record · Bank
CARDINAL FSB
CARDINAL FSB held $1.5 billion in total assets at failure as of December 1, 1988, according to the FDIC.
CARDINAL FSB, of CLEVELAND, OH, was an FDIC-insured institution that received FDIC assistance on December 1, 1988, as the FDIC records it.
The failure
- December 1, 1988
- Assisted
- $1.5 billion
- Assets at failure
- $1,471,492,000
- $1.5 billion
- Deposits at failure
- $1,458,128,000
- $452.7 million
- Estimated cost to the insurance fund
- $452,662,000
- The FDIC's estimate as of July 31, 2026; it revises the estimate as it sells the bank's assets.
- CARDINAL FSB
- Acquired by
- CLEVELAND, OH
The FDIC’s entry
- FDIC certificate number
- 28596
- Resolution
- ASSISTANCE
- Transaction type
- A/A
- Charter class
- SB
- Insurance fund
- FSLIC
- Insured since
- August 9, 1989
- Established
- January 1, 1886
- Recorded in
- The FDIC’s failures data
Sources
- FDIC failures — every bank failure and assistance transaction since 1934 — Federal Deposit Insurance Corporation · Public domain — U.S. Government work · retrieved September 27, 2026
Compiled automatically from FDIC failures — every bank failure and assistance transaction since 1934 by a checked SQL query · Editor: Kian O'Connor · How this site is built
Data retrieved