LIBERTY SB, FSB Failed 1991
What happened
LIBERTY SB, FSB of MARIETTA, OH was closed on 1991-05-03. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to PEOPLE'S B&TC (MARIETTA, OH). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3085
- FDIC Certificate
- 30686
- FDIC FIN
- 2155
- Bank name
- LIBERTY SB, FSB
- Location
- MARIETTA, OH
- Failure date
- 1991-05-03
- FDIC resolution date
- 1992-01-31
- Charter type
- SL
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $3M
- Deposits at failure
- $18M
- Assets at failure
- $18M
- Acquiring bank
- PEOPLE'S B&TC (MARIETTA, OH)