PERPETUAL SAVINGS BANK Failed 1992
What happened
PERPETUAL SAVINGS BANK of VIENNA, VA was closed on 1992-01-10. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to CRESTAR BANK (RICHMOND, VA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3255
- FDIC Certificate
- 31231
- FDIC FIN
- 2152
- Bank name
- PERPETUAL SAVINGS BANK
- Location
- VIENNA, VA
- Failure date
- 1992-01-10
- FDIC resolution date
- 1992-01-10
- Charter type
- Savings bank
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $454M
- Deposits at failure
- $2,447M
- Assets at failure
- $2,892M
- Acquiring bank
- CRESTAR BANK (RICHMOND, VA)
Other banks CRESTAR BANK acquired in FDIC resolutions