Bank failure · IN
Pioneer Savings Fa (Plymouth, IN) — failed July 13, 1989
Pioneer Savings Fa of Plymouth, Indiana was closed on July 13, 1989 and resolved through a purchase and assumption. Ameritrust Nb (IN) took over its insured deposits. At failure it held $81.0M in assets and $92.3M in deposits. The FDIC's estimated loss on the failure is $1.2M (1.5% of assets).
- Closing date
- July 13, 1989
- FDIC certificate #
- 28609
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Ameritrust Nb
- Insurance fund
- RTC
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