Failed Bank List

Bank failures in Pennsylvania

Pennsylvania has 67 bank failures on FDIC record since 1934, 1.9% of the national total and the 15th-highest count of any state or territory. The worst year was 1942, with 9. Since 2000 there have been 12; the most recent was Tioga-Franklin Savings Bank on August 21, 2026. The largest by assets was Republic First Bank dba Republic Bank of Philadelphia, with $5.9 billion, in 2024.

Bank failures in Pennsylvania per year0258101934: 11935: 21937: 21938: 11939: 11940: 41941: 31942: 91943: 11944: 11947: 11950: 11951: 11953: 11962: 11970: 11976: 11987: 11989: 41990: 41991: 71992: 61996: 12003: 12007: 12009: 12010: 22011: 12012: 22014: 12016: 12024: 12026: 1194019501960197019801990200020102020
Failures per year in Pennsylvania. By decade: 1930s 7, 1940s 19, 1950s 3, 1960s 1, 1970s 2, 1980s 5, 1990s 18, 2000s 3, 2010s 7, 2020s 2. Most failures by city: Philadelphia (11), Pittsburgh (6), Franklin (2).
12 failures since 2000, newest first
ClosedBankLocationTotal assetsEst. loss
August 21, 2026Tioga-Franklin Savings BankPhiladelphia, PA$68.4 million$5.5 million
April 26, 2024Republic First Bank dba Republic BankPhiladelphia, PA$5.9 billion$710 million
May 6, 2016First CornerStone BankKing of Prussia, PA$103 million$10.8 million
February 28, 2014Vantage Point BankHorsham, PA$63.5 million$9.0 million
October 26, 2012NOVA BankBerwyn, PA$445 million$85.4 million
January 20, 2012American Eagle Savings BankBoothwyn, PA$19.3 million$4.7 million
August 18, 2011Public Savings BankHuntingdon Valley, PA$46.8 million$15.8 million
December 10, 2010Earthstar BankSouthampton, PA$113 million$22.5 million
November 19, 2010Allegiance Bank of North AmericaBala Cynwyd, PA$107 million$12.7 million
August 14, 2009Dwelling House Savings and Loan AssociationPittsburgh, PA$12.9 million$8.4 million
February 2, 2007Metropolitan Savings BankPittsburgh, PA$15.8 million$9.4 million
November 14, 2003Pulaski Savings BankPhiladelphia, PA$8.5 million$679 thousand
55 failures from 1934 to 1999, newest first
ClosedBankLocationTotal assetsEst. loss
March 8, 1996Metrobank of Philadelphia National AssociationPhiladelphia, PA$40.4 million$7.7 million
December 11, 1992Meritor Savings BankPhiladelphia, PA$4.1 billionnone
June 19, 1992First Home Savings AssociationPittsburgh, PA$132 million$463 thousand
June 4, 1992Home Unity Savings and Loan AssociationLafayette Hill, PA$685 million$18.5 million
March 12, 1992Ukrainian Savings and Loan AssociationPhiladelphia, PA$74.9 million$8.9 million
February 28, 1992Alpha Indian Rock Savings and Loan AssociationPhiladelphia, PA$7.2 million$2.8 million
February 21, 1992The Bank of The Brandywine ValleyWest Chester, PA$44.9 million$12.1 million
November 22, 1991Chase Savings and Loan AssociationPhiladelphia, PA$46.9 million$10.4 million
September 19, 1991Abraham Lincoln Federal Savings BankDresher, PA$189 million$10.1 million
August 30, 1991Homestead Savings AssociationMiddletown, PA$223 million$17.5 million
June 14, 1991Springfield Federal Savings and Loan AssociationSpringfield, PA$97.5 millionnone
March 15, 1991Bell Savings Bank PaSaUpper Darby, PA$851 million$197 million
March 1, 1991Peoples Federal Savings and Loan AssociationNew Kensington, PA$108 million$2.5 million
January 4, 1991First Federal Savings and Loan Association of PittsburghPittsburgh, PA$3.1 billion$96.0 million
July 6, 1990Heritage Savings AssociationLancaster, PA$48.8 million$1 thousand
April 5, 1990Colony Savings Bank, FSBMonaca, PA$427 million$82.1 million
February 23, 1990Vanguard Federal Savings BankVandergrief, PA$177 million$25.8 million
January 11, 1990Atlantic Financial FederalBala Cynwyd, PA$5.3 billion$947 million
June 8, 1989Horizon Financial, FASouthampton, PA$2.5 billion$306 million
March 9, 1989Liberty Bell Savings AssociationBeaver Falls, PA$90.3 million$8 thousand
March 9, 1989Concord-Liberty Savings and Loan AssociationMonroeville, PA$220 million$19.4 million
March 9, 1989Hill Financial Savings and Loan AssociationRed Hill, PA$3.0 billion$731 million
October 22, 1987New World National BankPittsburgh, PA$14.7 million$2.1 million
October 19, 1976Centennial BankPhiladelphia, PA$13.7 millionnot estimated
September 3, 1970City Bank of PhiladelphiaPhiladelphia, PA$10.8 millionnot estimated
February 19, 1962The First National Bank of ExeterExeter, PAnot reportednot estimated
February 13, 1953Mayfield State BankMayfield, PA$1.4 millionnot estimated
August 25, 1951The Parnassus National BankNew Kensington, PA$2.9 millionnot estimated
October 9, 1950First National Bank in CecilCecil, PA$638 thousandnot estimated
July 12, 1947The Central City National BankCentral City, PA$1.7 millionnot estimated
May 27, 1944The First National Bank of SusquehannaSusquehanna, PA$1.7 millionnot estimated
December 10, 1943First National Bk & Tr Co. of EastonEaston, PA$5.2 millionnot estimated
November 28, 1942Guarantee Tr & Safe Dep. Co.-Mt.carmelMt. Carmel, PAnot reportednot estimated
October 17, 1942The Farmers National Bank of SelinsgroveSelinsgrove, PAnot reportednot estimated
September 12, 1942Merchants Banking Trust CompanyMahanoy, PAnot reportednot estimated
August 1, 1942The First National Bank of LehightonLehighton, PAnot reportednot estimated
August 1, 1942Citizens Nat Bk & Tr Co. of LehightonLehighton, PAnot reportednot estimated
June 20, 1942The First Nat Bk & Tr Co. of DallastownDallastown, PAnot reportednot estimated
April 25, 1942The Emmaus National BankEmmaus, PAnot reportednot estimated
March 14, 1942The First National Bank of WeatherlyWeatherly, PAnot reportednot estimated
January 17, 1942Providence BankScranton, PAnot reportednot estimated
December 22, 1941The Lamberton National Bank of FranklinFranklin, PAnot reportednot estimated
December 22, 1941The Franklin Trust Co.Franklin, PAnot reportednot estimated
April 12, 1941The Keswick National Bank of GlensideGlenside, PA$1.3 millionnot estimated
July 2, 1940Kane Trust and Savings BankKane, PA$915 thousandnot estimated
April 27, 1940The First National Bank of BallyBally, PAnot reportednot estimated
April 4, 1940Blairsville Savings and Trust CompanyBlairsville, PA$1.8 millionnot estimated
January 13, 1940Integrity Trust CompanyPhiladelphia, PAnot reportednot estimated
February 4, 1939The Coudersport Trust CompanyCoudersport, PA$952 thousandnot estimated
December 17, 1938Boiling Springs State BankBoiling Springs, PAnot reportednot estimated
October 22, 1937The Nescopeck National BankNescopeck, PA$397 thousandnot estimated
June 5, 1937The First National Bank of Mahanoy CityMahanoy City, PAnot reportednot estimated
November 16, 1935E. P. Wilbur Trust CompanyBethlehem, PAnot reportednot estimated
September 28, 1935The Commercial National Bank of BradfordBradford, PA$5.2 millionnot estimated
April 19, 1934Bank of America Trust Co.Pittsburgh, PA$1.4 millionnot estimated

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