# BALTIMORE FEDERAL FINANCIAL

> **Failed bank** · BALTIMORE, MD · failed 1989-02-07 · SL · FDIC cost $358M

## What happened

BALTIMORE FEDERAL FINANCIAL of BALTIMORE, MD was closed by state regulators on **1989-02-07**. The FDIC was named receiver.

**Resolution:** Insured Deposit Transfer — insured deposits transferred to another bank

Deposits were transferred to **HOUSEHOLD BANK, FSB** (NEWPORT BEACH, CA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2086
- **FDIC Certificate:** 28503
- **FDIC FIN:** 6963
- **Bank name:** BALTIMORE FEDERAL FINANCIAL
- **Location:** BALTIMORE, MD
- **Failure date:** 1989-02-07
- **FDIC resolution date:** 1990-04-20
- **Charter type:** SL
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $358M
- **Deposits at failure:** $1,253M
- **Assets at failure:** $1,567M
- **Acquiring bank:** HOUSEHOLD BANK, FSB (NEWPORT BEACH, CA)

## Other banks HOUSEHOLD BANK, FSB has acquired in FDIC resolutions

- SAN CLEMENTE FSB (SAN CLEMENTE, CA) — failed 1992-06-12 — /failed-bank/3344
- YORKRIDGE-CALVERT FEDERAL SAVINGS (BALTIMORE, MD) — failed 1989-12-14 — /failed-bank/2592

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=BALTIMORE%20FEDERAL%20FINANCIAL

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, BALTIMORE FEDERAL FINANCIAL (FDIC ID 2086), failed 1989-02-07. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/2086.

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