IRVINGTON FSB Failed 1992
What happened
IRVINGTON FSB of GLEN BURNIE, MD was closed on 1992-02-28. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to ARUNDEL FSB (BALTIMORE, MD). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3280
- FDIC Certificate
- 28588
- FDIC FIN
- 1230
- Bank name
- IRVINGTON FSB
- Location
- GLEN BURNIE, MD
- Failure date
- 1992-02-28
- FDIC resolution date
- 1993-08-20
- Charter type
- SL
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $5M
- Deposits at failure
- $43M
- Assets at failure
- $44M
- Acquiring bank
- ARUNDEL FSB (BALTIMORE, MD)