Bank failure · MA

Landmark Bank for Savings (Whitman, MA) — failed June 12, 1992

Landmark Bank for Savings of Whitman, Massachusetts was closed on June 12, 1992 and resolved through a purchase and assumption. Abington Savings Bank (MA) took over its insured deposits. At failure it held $62.1M in assets and $48.1M in deposits. The FDIC's estimated loss on the failure is $11.2M (18.1% of assets).