Bank failure · MD

Liberty Savings Bank FSB (Randallstown, MD) — failed February 9, 1990

Liberty Savings Bank FSB of Randallstown, Maryland was closed on February 9, 1990 and resolved through a insured deposit transfer. Royal Oak Sb, Fsa (MD) took over its insured deposits. At failure it held $49.5M in assets and $42.0M in deposits. The FDIC's estimated loss on the failure is $15.3M (31.0% of assets).