FIRST HOME FSA Failed 1992
What happened
FIRST HOME FSA of PITTSBURGH, PA was closed on 1992-06-19. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to FIRST HOME FSB, FSB (PITTSBURGH, PA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3345
- FDIC Certificate
- 28250
- FDIC FIN
- 1218
- Bank name
- FIRST HOME FSA
- Location
- PITTSBURGH, PA
- Failure date
- 1992-06-19
- FDIC resolution date
- 1993-06-30
- Charter type
- SL
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $0M
- Deposits at failure
- $129M
- Assets at failure
- $132M
- Acquiring bank
- FIRST HOME FSB, FSB (PITTSBURGH, PA)