# VANTAGE POINT BANK

> **Failed bank** · HORSHAM, PA · failed 2014-02-28 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $9M

## What happened

VANTAGE POINT BANK of HORSHAM, PA was closed by regulators on **2014-02-28**. The FDIC was named receiver.

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

Deposits were transferred to **FIRST CHOICE BANK** (MERCERVILLE, NJ). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 4062
- **FDIC Certificate:** 58531
- **FDIC FIN:** 10496
- **Bank name:** VANTAGE POINT BANK
- **Location:** HORSHAM, PA
- **Failure date:** 2014-02-28
- **FDIC resolution date:** 2014-02-28
- **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:** $9M
- **Deposits at failure:** $62M
- **Assets at failure:** $63M
- **Acquiring bank:** FIRST CHOICE BANK (MERCERVILLE, NJ)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, VANTAGE POINT BANK (FDIC ID 4062), failed 2014-02-28. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/4062.

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