Bank failure · VA

Perpetual Savings Bank (Vienna, VA) — failed January 10, 1992

Perpetual Savings Bank of Vienna, Virginia was closed on January 10, 1992 and resolved through a purchase and assumption. Crestar Bank (VA) took over its insured deposits. At failure it held $2.9B in assets and $2.4B in deposits. The FDIC's estimated loss on the failure is $453.7M (15.7% of assets).