Marvin warner wikipedia

Home State Savings Bank was an American savings and loan association based in Cincinnati, Ohio. Its failure in March 1985 led to a bank holiday for 70 other savings institutions that were insured by the Ohio Deposit Guarantee Fund, a private organization.

The collapse of Home State Savings Bank drained Ohio’s private savings and loan insurance fund, and caused then Governor Richard Celeste to close 69 thrifts.^[1]

History

Before the collapse

Home State Savings Bank was the largest savings institution in Ohio, with $1.4 billion in assets.

It was owned by Marvin L. Warner, a local real estate developer and investor.

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Marvin Warner is known for Streets () and Conspiracy X ().

Latest comment: 3 years ago by Johnpacklambert in topic How do we not know what year he was last ambassador?

He bought the bank in 1958. Warner had been a part owner of the New York Yankees and the Tampa Bay Buccaneers in the 1970s, and was the original owner of the United States Football LeagueBirmingham Stallions. Warner was also a substantial political donor, and had been appointed as the United States ambassador to Switzerland in 1