# LANDMARK BANK FOR SAVINGS

> **Failed bank** · WHITMAN, MA · failed 1992-06-12 · SI · FDIC cost $11M

## What happened

LANDMARK BANK FOR SAVINGS of WHITMAN, MA was closed by state regulators on **1992-06-12**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **ABINGTON SAVINGS BANK** (ABINGTON, MA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3341
- **FDIC Certificate:** 21997
- **FDIC FIN:** 4496
- **Bank name:** LANDMARK BANK FOR SAVINGS
- **Location:** WHITMAN, MA
- **Failure date:** 1992-06-12
- **FDIC resolution date:** 1992-06-12
- **Charter type:** SI
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $11M
- **Deposits at failure:** $48M
- **Assets at failure:** $62M
- **Acquiring bank:** ABINGTON SAVINGS BANK (ABINGTON, MA)
- **FDIC comments:** The FDIC did not cover uninsured depositors.  However, the Co-operative Central Bank, a corporation set up to provide deposit insurance to institutions in Massachusetts, covered the uninsured depositors.

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=LANDMARK%20BANK%20FOR%20SAVINGS

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, LANDMARK BANK FOR SAVINGS (FDIC ID 3341), failed 1992-06-12. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/3341.

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