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Bank failure · VA

Vista Fsa (Reston, VA) — failed February 28, 1992

Vista Fsa of Reston, Virginia was closed on February 28, 1992 and resolved through a purchase and assumption. Eastern American Bank, FSB (VA) took over its insured deposits. At failure it held $113.2M in assets and $108.7M in deposits. The FDIC's estimated loss on the failure is $36.9M (32.6% of assets).

Closing date
February 28, 1992
FDIC certificate #
32383
Resolution
Purchase and assumption (failure)
Acquiring institution
Eastern American Bank, FSB
Insurance fund
RTC

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