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Bank failure · PA

Ukranian Fs & LA (Philadelphia, PA) — failed March 12, 1992

Ukranian Fs & LA of Philadelphia, Pennsylvania was closed on March 12, 1992 and resolved through a purchase and assumption. Branch Sale (NA) took over its insured deposits. At failure it held $74.9M in assets and $72.6M in deposits. The FDIC's estimated loss on the failure is $8.9M (11.8% of assets).

Closing date
March 12, 1992
FDIC certificate #
30852
Resolution
Purchase and assumption (failure)
Acquiring institution
Branch Sale
Insurance fund
RTC

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