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Bank failure · PA

Dwelling House Savings and Loan (Pittsburgh, PA) — failed August 14, 2009

Dwelling House Savings and Loan of Pittsburgh, Pennsylvania was closed on August 14, 2009 and resolved through a purchase and assumption. PNC Bank, National Association (PA) took over its insured deposits. At failure it held $12.9M in assets and $13.0M in deposits. The FDIC's estimated loss on the failure is $8.4M (64.5% of assets).

Closing date
August 14, 2009
FDIC certificate #
31559
Resolution
Purchase and assumption (failure)
Acquiring institution
PNC Bank, National Association
Insurance fund
DIF
Pre-failure filings
Last reported financials

Other failures in 2009

What happens when a bank fails