VISTA FSA Failed 1992
What happened
VISTA FSA of RESTON, VA was closed on 1992-02-28. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to EASTERN AMERICAN BANK, FSB (HERNDON, VA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3283
- FDIC Certificate
- 32383
- FDIC FIN
- 1273
- Bank name
- VISTA FSA
- Location
- RESTON, VA
- Failure date
- 1992-02-28
- FDIC resolution date
- 1994-04-29
- Charter type
- Savings bank
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $37M
- Deposits at failure
- $109M
- Assets at failure
- $113M
- Acquiring bank
- EASTERN AMERICAN BANK, FSB (HERNDON, VA)