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Bank failure · PA

Heritage Fsa (Lancaster, PA) — failed July 6, 1990

Heritage Fsa of Lancaster, Pennsylvania was closed on July 6, 1990 and resolved through a purchase and assumption. Harris Sa (PA) took over its insured deposits. At failure it held $48.8M in assets and $50.6M in deposits. The FDIC's estimated loss on the failure is $1K (0.0% of assets).

Closing date
July 6, 1990
FDIC certificate #
31957
Resolution
Purchase and assumption (failure)
Acquiring institution
Harris Sa
Insurance fund
RTC

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