# POTOMAC FSB

> **Failed bank** · SILVER SPRING, MD · failed 1992-08-28 · Savings bank · FDIC cost $32M

## What happened

POTOMAC FSB of SILVER SPRING, MD was closed by state regulators on **1992-08-28**. The FDIC was named receiver.

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

Deposits were transferred to **MARYLAND FS&LA** (HYATTSVILLE, MD). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3371
- **FDIC Certificate:** 32388
- **FDIC FIN:** 1245
- **Bank name:** POTOMAC FSB
- **Location:** SILVER SPRING, MD
- **Failure date:** 1992-08-28
- **FDIC resolution date:** 1994-02-25
- **Charter type:** Savings bank
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $32M
- **Deposits at failure:** $69M
- **Assets at failure:** $72M
- **Acquiring bank:** MARYLAND FS&LA (HYATTSVILLE, MD)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=POTOMAC%20FSB

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, POTOMAC FSB (FDIC ID 3371), failed 1992-08-28. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/3371.

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