Bank failure · MD
Yorkridge-Calvert Federal Savings (Baltimore, MD) — failed December 14, 1989
Yorkridge-Calvert Federal Savings of Baltimore, Maryland was closed on December 14, 1989 and resolved through a insured deposit transfer. Household Bank, FSB (CA) took over its insured deposits. At failure it held $585.8M in assets and $372.2M in deposits. The FDIC's estimated loss on the failure is $40.1M (6.8% of assets).
- Closing date
- December 14, 1989
- FDIC certificate #
- 30675
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- Household Bank, FSB
- Insurance fund
- RTC
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- United Community Bank CA
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- First Acadiana Bank LA
- Canyon Lake Bank TX
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