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Bank failure · MA

Plymouth Fsa (Plymouth, MA) — failed September 27, 1991

Plymouth Fsa of Plymouth, Massachusetts was closed on September 27, 1991 and resolved through a purchase and assumption. Branch Sale (NA) took over its insured deposits. At failure it held $174.7M in assets and $137.8M in deposits. The FDIC's estimated loss on the failure is $20.1M (11.5% of assets).

Closing date
September 27, 1991
FDIC certificate #
29460
Resolution
Purchase and assumption (failure)
Acquiring institution
Branch Sale
Insurance fund
RTC

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