Bank failure · MD

Irvington FSB (Glen Burnie, MD) — failed February 28, 1992

Irvington FSB of Glen Burnie, Maryland was closed on February 28, 1992 and resolved through a purchase and assumption. Arundel FSB (MD) took over its insured deposits. At failure it held $43.8M in assets and $43.2M in deposits. The FDIC's estimated loss on the failure is $5.1M (11.7% of assets).