Bank failure · MD

Royal Oak Fs & LA (Randallstown, MD) — failed January 4, 1991

Royal Oak Fs & LA of Randallstown, Maryland was closed on January 4, 1991 and resolved through a purchase and assumption. Royal Oak Sb, FSB (MD) took over its insured deposits. At failure it held $27.3M in assets and $29.2M in deposits. The FDIC's estimated loss on the failure is $2K (0.0% of assets).