Bank failure · PA
Liberty Bell Savings Assoc. (Beaver Falls, PA) — failed March 9, 1989
Liberty Bell Savings Assoc. of Beaver Falls, Pennsylvania was closed on March 9, 1989 and resolved through a purchase and assumption. Reeves Bank (PA) took over its insured deposits. At failure it held $90.3M in assets and $86.4M in deposits. The FDIC's estimated loss on the failure is $8K (0.0% of assets).
- Closing date
- March 9, 1989
- FDIC certificate #
- 30325
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Reeves Bank
- Insurance fund
- RTC
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