# ROYAL OAK FS & LA

> **Failed bank** · RANDALLSTOWN, MD · failed 1991-01-04 · SL · FDIC cost $0M

## What happened

ROYAL OAK FS & LA of RANDALLSTOWN, MD was closed by state regulators on **1991-01-04**. The FDIC was named receiver.

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

Deposits were transferred to **ROYAL OAK SB, FSB** (RANDALLSTOWN, MD). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2981
- **FDIC Certificate:** 28634
- **FDIC FIN:** 7266
- **Bank name:** ROYAL OAK FS & LA
- **Location:** RANDALLSTOWN, MD
- **Failure date:** 1991-01-04
- **FDIC resolution date:** 1991-01-04
- **Charter type:** SL
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $0M
- **Deposits at failure:** $29M
- **Assets at failure:** $27M
- **Acquiring bank:** ROYAL OAK SB, FSB (RANDALLSTOWN, MD)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=ROYAL%20OAK%20FS%20%26%20LA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, ROYAL OAK FS & LA (FDIC ID 2981), failed 1991-01-04. Retrieved via AI Analytics 2026-07-08 from https://api.ai-analytics.org/failed-bank/2981.

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