by Calculated Risk on 2/24/2012 06:13:00 PM

Home, Home On The Range,
Where the Feds often will play
Where seldom is heard,
A bid for this turd,
And the skies are not cloudy all day
by Soylent Green is People
From the FDIC: FDIC Approves the Payout of the Insured Deposits of Home Savings of America, Little Falls, Minnesota

As of December 31, 2011, Home Savings of America had $434.1 million in total assets and $432.2 million in total deposits. ... The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $38.8 million. Home Savings of America is the eleventh FDIC-insured institution to fail in the nation this year, and the second in Minnesota.

We haven't seen a payout in some time ... I guess no one wanted this one.