JOHN HANSON FSB Failed 1991

BELTSVILLE, MD · Savings bank · view on FDIC BankFind ↗

What happened

JOHN HANSON FSB of BELTSVILLE, MD was closed on 1991-04-26. The FDIC was named receiver.

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

Deposits were transferred to BRANCH SALE (NONE, NA). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
3078
FDIC Certificate
32380
FDIC FIN
1286
Bank name
JOHN HANSON FSB
Location
BELTSVILLE, MD
Failure date
1991-04-26
FDIC resolution date
1994-06-10
Charter type
Savings bank
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$148M
Deposits at failure
$659M
Assets at failure
$841M
Acquiring bank
BRANCH SALE (NONE, NA)

Other banks BRANCH SALE acquired in FDIC resolutions