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Bank failure · PA

Pulaski Savings Bank (Philadelphia, PA) — failed November 14, 2003

Pulaski Savings Bank of Philadelphia, Pennsylvania was closed on November 14, 2003 and resolved through a purchase and assumption. Earthstar Bank (PA) took over its insured deposits. At failure it held $8.5M in assets and $9.1M in deposits. The FDIC's estimated loss on the failure is $679K (8.0% of assets).

Closing date
November 14, 2003
FDIC certificate #
27203
Resolution
Purchase and assumption (failure)
Acquiring institution
Earthstar Bank
Insurance fund
BIF
Pre-failure filings
Last reported financials

Other failures in 2003

What happens when a bank fails