CITY BANK OF PHILADELPHIA Failed 1970

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

What happened

CITY BANK OF PHILADELPHIA of PHILADELPHIA, PA was closed on 1970-09-03. The FDIC was named receiver.

Resolution: P&A

Deposits were transferred to 0 (0, 0). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
490
FDIC Certificate
19791
FDIC FIN
0
Bank name
CITY BANK OF PHILADELPHIA
Location
PHILADELPHIA, PA
Failure date
1970-09-03
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
P&A
Deposits at failure
$9M
Assets at failure
$11M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions