It was the failure of about 747 out of the 3,234 savings and loan associations in the United States . (Causes ) Tax Reform Act of 1986 Deregulation Imprudent real estates lending Brokered deposits End of inflation Major causes according to United States Leauge of Savings Institutions . (Failures) Home State Savings Bank of Cincinnati Midwest Federal Savings & Loan of Minneapolis , Minnesota Lincoln Savings and Loan
