# USA BANK

> **Failed bank** · PORT CHESTER, NY · failed 2010-07-09 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $64M

## What happened

USA BANK of PORT CHESTER, NY was closed by regulators on **2010-07-09**. The FDIC was named receiver.

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

Deposits were transferred to **NEW CENTURY BANK** (PHOENIXVILLE, PA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3823
- **FDIC Certificate:** 58072
- **FDIC FIN:** 10254
- **Bank name:** USA BANK
- **Location:** PORT CHESTER, NY
- **Failure date:** 2010-07-09
- **FDIC resolution date:** 2010-07-09
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $64M
- **Deposits at failure:** $189M
- **Assets at failure:** $191M
- **Acquiring bank:** NEW CENTURY BANK (PHOENIXVILLE, PA)

## Other banks NEW CENTURY BANK has acquired in FDIC resolutions

- ISN BANK (CHERRY HILL, NJ) — failed 2010-09-17 — /failed-bank/3856

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, USA BANK (FDIC ID 3823), failed 2010-07-09. Retrieved via AI Analytics 2026-07-02 from https://api.ai-analytics.org/failed-bank/3823.

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