YORKRIDGE-CALVERT FEDERAL SAVINGS Failed 1989
What happened
YORKRIDGE-CALVERT FEDERAL SAVINGS of BALTIMORE, MD was closed on 1989-12-14. 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
- 2592
- FDIC Certificate
- 30675
- FDIC FIN
- 7188
- Bank name
- YORKRIDGE-CALVERT FEDERAL SAVINGS
- Location
- BALTIMORE, MD
- Failure date
- 1989-12-14
- FDIC resolution date
- 1990-09-28
- Charter type
- SL
- Resolution type
- Insured Deposit Transfer — insured deposits transferred to another bank
- FDIC DIF cost (est.)
- $40M
- Deposits at failure
- $372M
- Assets at failure
- $586M
- Acquiring bank
- HOUSEHOLD BANK, FSB (NEWPORT BEACH, CA)
Other banks HOUSEHOLD BANK, FSB acquired in FDIC resolutions