Bank failure · PA

Mid-City Fs&la (North Wales, PA) — failed December 20, 1982

Mid-City Fs&la of North Wales, Pennsylvania was closed on December 20, 1982 and resolved through a a/a. Horizon Financial Fa (PA) took over its insured deposits. At failure it held $47.8M in assets and $40.9M in deposits. The FDIC's estimated loss on the failure is $1.2M (2.4% of assets).