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Bank failure · PA

Guaranty S&la (Pittsburgh, PA) — failed April 28, 1983

Guaranty S&la of Pittsburgh, Pennsylvania was closed on April 28, 1983 and resolved through a a/a. Horizon Financial Fa (PA) took over its insured deposits. At failure it held $182.9M in assets and $135.2M in deposits. The FDIC's estimated loss on the failure is $11.3M (6.2% of assets).

Closing date
April 28, 1983
FDIC certificate #
27784
Resolution
A/A (assistance)
Acquiring institution
Horizon Financial Fa
Insurance fund
FSLIC

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