Bank failure · PA

American Eagle Savings Bank (Boothwyn, PA) — failed January 20, 2012

American Eagle Savings Bank of Boothwyn, Pennsylvania was closed on January 20, 2012 and resolved through a purchase and assumption. Capital Bank, National Association (MD) took over its insured deposits. At failure it held $19.3M in assets and $17.5M in deposits. The FDIC's estimated loss on the failure is $4.7M (24.3% of assets).