Bank failure · MD

Ideal Federal Savings Bank (Baltimore, MD) — failed July 9, 2010

Ideal Federal Savings Bank of Baltimore, Maryland was closed on July 9, 2010 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $6.2M in assets and $5.8M in deposits. The FDIC's estimated loss on the failure is $3.7M (59.8% of assets).