LIBERTY BELL SAVINGS ASSOC. Failed 1989
What happened
LIBERTY BELL SAVINGS ASSOC. of BEAVER FALLS, PA was closed on 1989-03-09. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to REEVES BANK (BEAVER FALLS, PA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2189
- FDIC Certificate
- 30325
- FDIC FIN
- 6943
- Bank name
- LIBERTY BELL SAVINGS ASSOC.
- Location
- BEAVER FALLS, PA
- Failure date
- 1989-03-09
- FDIC resolution date
- 1989-12-15
- Charter type
- SL
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $0M
- Deposits at failure
- $86M
- Assets at failure
- $90M
- Acquiring bank
- REEVES BANK (BEAVER FALLS, PA)