LIBERTY FSB Failed 1992

WARRENTON, VA · SL · view on FDIC BankFind ↗

What happened

LIBERTY FSB of WARRENTON, VA was closed on 1992-07-17. The FDIC was named receiver.

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

Deposits were transferred to JEFFERSON NB (CHARLOTTESVILLE, VA). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
3359
FDIC Certificate
31931
FDIC FIN
1257
Bank name
LIBERTY FSB
Location
WARRENTON, VA
Failure date
1992-07-17
FDIC resolution date
1994-03-25
Charter type
SL
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$12M
Deposits at failure
$87M
Assets at failure
$92M
Acquiring bank
JEFFERSON NB (CHARLOTTESVILLE, VA)