EARTHSTAR BANK Failed 2010

SOUTHAMPTON, PA · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

EARTHSTAR BANK of SOUTHAMPTON, PA was closed on 2010-12-10. The FDIC was named receiver.

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

Deposits were transferred to POLONIA BANK (HUNTINGDON VALLEY, PA). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
3884
FDIC Certificate
35561
FDIC FIN
10317
Bank name
EARTHSTAR BANK
Location
SOUTHAMPTON, PA
Failure date
2010-12-10
FDIC resolution date
2010-12-10
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$22M
Deposits at failure
$105M
Assets at failure
$113M
Acquiring bank
POLONIA BANK (HUNTINGDON VALLEY, PA)