Bank failure · WI
Maritime Savings Bank (West Allis, WI) — failed September 17, 2010
Maritime Savings Bank of West Allis, Wisconsin was closed on September 17, 2010 and resolved through a purchase and assumption. North Shore Bank, FSB (WI) took over its insured deposits. At failure it held $350.5M in assets and $248.1M in deposits. The FDIC's estimated loss on the failure is $88.4M (25.2% of assets).
- Closing date
- September 17, 2010
- FDIC certificate #
- 28612
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- North Shore Bank, FSB
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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