Bank failure · MD

Waterfield Bank (Germantown, MD) — failed March 5, 2010

Waterfield Bank of Germantown, Maryland was closed on March 5, 2010 and resolved through a dinb. 0 (0) took over its insured deposits. At failure it held $155.6M in assets and $156.2M in deposits. The FDIC's estimated loss on the failure is $11.3M (7.3% of assets).