Bank failure · MD
John Hanson FSB (Beltsville, MD) — failed April 26, 1991
John Hanson FSB of Beltsville, Maryland was closed on April 26, 1991 and resolved through a purchase and assumption. Branch Sale (NA) took over its insured deposits. At failure it held $840.7M in assets and $658.6M in deposits. The FDIC's estimated loss on the failure is $147.7M (17.6% of assets).
- Closing date
- April 26, 1991
- FDIC certificate #
- 32380
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Branch Sale
- Insurance fund
- RTC
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