# REPUBLIC SB, FSB

> **Failed bank** · ROCKVILLE, MD · failed 1991-03-22 · Savings bank · FDIC cost $8M

## What happened

REPUBLIC SB, FSB of ROCKVILLE, MD was closed by state regulators on **1991-03-22**. The FDIC was named receiver.

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

Deposits were transferred to **FIRST FSB OF DE** (WILMINGTON, DE). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3053
- **FDIC Certificate:** 32563
- **FDIC FIN:** 2165
- **Bank name:** REPUBLIC SB, FSB
- **Location:** ROCKVILLE, MD
- **Failure date:** 1991-03-22
- **FDIC resolution date:** 1992-02-28
- **Charter type:** Savings bank
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $8M
- **Deposits at failure:** $26M
- **Assets at failure:** $26M
- **Acquiring bank:** FIRST FSB OF DE (WILMINGTON, DE)

## Other banks FIRST FSB OF DE has acquired in FDIC resolutions

- METROBANK FS & LA (PALISADES PARK, NJ) — failed 1991-06-28 — /failed-bank/3135
- ACTION FEDERAL SAVINGS (SOMMERS POINT, NJ) — failed 1990-11-15 — /failed-bank/2939

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=REPUBLIC%20SB%2C%20FSB

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, REPUBLIC SB, FSB (FDIC ID 3053), failed 1991-03-22. Retrieved via AI Analytics 2026-05-20 from https://api.ai-analytics.org/failed-bank/3053.

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