Bank failure · PA
Springfield Fsla (Springfield, PA) — failed June 14, 1991
Springfield Fsla of Springfield, Pennsylvania was closed on June 14, 1991 and resolved through a purchase and assumption. Germantown Sb (PA) took over its insured deposits. At failure it held $97.5M in assets and $95.3M in deposits. The FDIC's estimated loss on the failure is −$551K (-0.6% of assets).
- Closing date
- June 14, 1991
- FDIC certificate #
- 30538
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Germantown Sb
- Insurance fund
- RTC
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