PLYMOUTH FIVE CENTS SAVINGS BANK Failed 1992
What happened
PLYMOUTH FIVE CENTS SAVINGS BANK of PLYMOUTH, MA was closed on 1992-09-18. The FDIC was named receiver.
Resolution: Payout / Insured deposits — FDIC paid insured deposits directly to depositors
Deposits were transferred to CITIZENS BANK OF MA (FAIRHAVEN, MA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3374
- FDIC Certificate
- 90266
- FDIC FIN
- 4515
- Bank name
- PLYMOUTH FIVE CENTS SAVINGS BANK
- Location
- PLYMOUTH, MA
- Failure date
- 1992-09-18
- FDIC resolution date
- 1992-09-18
- Charter type
- SI
- Resolution type
- Payout / Insured deposits — FDIC paid insured deposits directly to depositors
- FDIC DIF cost (est.)
- $5M
- Deposits at failure
- $183M
- Assets at failure
- $221M
- Acquiring bank
- CITIZENS BANK OF MA (FAIRHAVEN, MA)