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Bank failure · PA

First Pennsylvania Bk, N.A. (Philadelphia, PA) — failed April 28, 1980

First Pennsylvania Bk, N.A. of Philadelphia, Pennsylvania was closed on April 28, 1980 and resolved through a a/a. First Pennsylvania Bk, N.A. (PA) took over its insured deposits. At failure it held $8.0B in assets and $5.0B in deposits.

Closing date
April 28, 1980
FDIC certificate #
719
Resolution
A/A (assistance)
Acquiring institution
First Pennsylvania Bk, N.A.
Insurance fund
FDIC

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