Bank failure · VA

Liberty FSB (Warrenton, VA) — failed July 17, 1992

Liberty FSB of Warrenton, Virginia was closed on July 17, 1992 and resolved through a purchase and assumption. Jefferson Nb (VA) took over its insured deposits. At failure it held $92.0M in assets and $86.9M in deposits. The FDIC's estimated loss on the failure is $12.3M (13.3% of assets).