Bank failure · PA
Abraham Lincoln Fsa (Dresher, PA) — failed September 19, 1991
Abraham Lincoln Fsa of Dresher, Pennsylvania was closed on September 19, 1991 and resolved through a purchase and assumption. Branch Sale (NA) took over its insured deposits. At failure it held $189.1M in assets and $167.0M in deposits. The FDIC's estimated loss on the failure is $10.1M (5.4% of assets).
- Closing date
- September 19, 1991
- FDIC certificate #
- 28889
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Branch Sale
- Insurance fund
- RTC
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