Bank failure · PA
Nova Bank (Berwyn, PA) — failed October 26, 2012
Nova Bank of Berwyn, Pennsylvania was closed on October 26, 2012 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $444.7M in assets and $395.2M in deposits. The FDIC's estimated loss on the failure is $85.4M (19.2% of assets).
- Closing date
- October 26, 2012
- FDIC certificate #
- 27148
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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