# PIONEER SAVINGS FA

> **Failed bank** · PLYMOUTH, IN · failed 1989-07-13 · SL · FDIC cost $1M

## What happened

PIONEER SAVINGS FA of PLYMOUTH, IN was closed by state regulators on **1989-07-13**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **AMERITRUST NB** (ELKHART, IN). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2413
- **FDIC Certificate:** 28609
- **FDIC FIN:** 7016
- **Bank name:** PIONEER SAVINGS FA
- **Location:** PLYMOUTH, IN
- **Failure date:** 1989-07-13
- **FDIC resolution date:** 1990-05-18
- **Charter type:** SL
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $1M
- **Deposits at failure:** $92M
- **Assets at failure:** $81M
- **Acquiring bank:** AMERITRUST NB (ELKHART, IN)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=PIONEER%20SAVINGS%20FA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, PIONEER SAVINGS FA (FDIC ID 2413), failed 1989-07-13. Retrieved via AI Analytics 2026-07-04 from https://api.ai-analytics.org/failed-bank/2413.

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