HERITAGE FSA Failed 1990

LANCASTER, PA · SL · view on FDIC BankFind ↗

What happened

HERITAGE FSA of LANCASTER, PA was closed on 1990-07-06. The FDIC was named receiver.

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

Deposits were transferred to HARRIS SA (HARRISBURG, PA). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
2840
FDIC Certificate
31957
FDIC FIN
7300
Bank name
HERITAGE FSA
Location
LANCASTER, PA
Failure date
1990-07-06
FDIC resolution date
1991-05-31
Charter type
SL
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$0M
Deposits at failure
$51M
Assets at failure
$49M
Acquiring bank
HARRIS SA (HARRISBURG, PA)