# THE WASHINGTON BANK (OF MARYLAND)

> **Failed bank** · BALTIMORE, MD · failed 1991-05-10 · State commercial bank, Federal Reserve member · FDIC cost $1M

## What happened

THE WASHINGTON BANK (OF MARYLAND) of BALTIMORE, MD was closed by state regulators on **1991-05-10**. The FDIC was named receiver.

**Resolution:** Insured Deposit Transfer — insured deposits transferred to another bank

Deposits were transferred to **THE FIRST NATIONAL BANK OF** (BALTIMORE, MD). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3094
- **FDIC Certificate:** 27418
- **FDIC FIN:** 4351
- **Bank name:** THE WASHINGTON BANK (OF MARYLAND)
- **Location:** BALTIMORE, MD
- **Failure date:** 1991-05-10
- **FDIC resolution date:** 1991-05-10
- **Charter type:** State commercial bank, Federal Reserve member
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $1M
- **Deposits at failure:** $39M
- **Assets at failure:** $39M
- **Acquiring bank:** THE FIRST NATIONAL BANK OF (BALTIMORE, MD)

## Other banks THE FIRST NATIONAL BANK OF has acquired in FDIC resolutions

- BOSTON TRADE BANK (BOSTON, MA) — failed 1991-05-03 — /failed-bank/3081
- THE STATE BANK OF OMAHA (OMAHA, TX) — failed 1990-12-14 — /failed-bank/2964
- UNITED PEOPLES BANK (LAMPASAS, TX) — failed 1990-10-11 — /failed-bank/2917
- MERCHANTSBANK OF BOSTON, A CO-OP (BOSTON, MA) — failed 1990-05-18 — /failed-bank/2767
- ALVORD NATIONAL BANK (ALVORD, TX) — failed 1990-03-29 — /failed-bank/2715
- LIBERTY CITY STATE BANK (LIBERTY CITY, TX) — failed 1990-03-15 — /failed-bank/2699
- FARMERS STATE BANK OF SHIRO, TEXAS (SHIRO, TX) — failed 1990-01-25 — /failed-bank/2626
- FIRST SECURITY BANK OF GLENDIVE (GLENDIVE, MT) — failed 1989-12-01 — /failed-bank/2572
- STRAWN SECURITY BANK (STRAWN, TX) — failed 1989-10-05 — /failed-bank/2517
- HILDALGO COUNTY BANK (MERCEDES, TX) — failed 1989-07-26 — /failed-bank/2451

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=THE%20WASHINGTON%20BANK%20(OF%20MARYLAND)

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE WASHINGTON BANK (OF MARYLAND) (FDIC ID 3094), failed 1991-05-10. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/3094.

---

*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*