Data / Bank failures / 2010 / Allegiance Bank of North America
Allegiance Bank of North America, Bala Cynwyd, PA: failed November 19, 2010
Allegiance Bank of North America in Bala Cynwyd, Pennsylvania, failed on November 19, 2010. Vist Bank of Wyomissing, PA, took over its deposits. It held $106.6 million in assets and $92 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $12.7 million (11.9% of its assets). By assets it was the 117th largest of 157 banks closed or assisted in 2010.
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The FDIC's record
- Closed
- November 19, 2010
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Vist Bank, Wyomissing, PA
- Total assets
- $106,595,000
- Total deposits
- $91,996,000
- Estimated cost to the FDIC
- $12,651,666 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- DIF
- FDIC certificate
- 35078
Other bank failures in Pennsylvania, 2008 to 2012
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Nova Bank | Berwyn | October 26, 2012 | $444.7 million | $395.2 million | $85.4 million | |
| American Eagle Savings Bank | Boothwyn | January 20, 2012 | $19.3 million | $17.5 million | $4.7 million | Capital Bank, National Association |
| Public Savings Bank | Huntingdon Valley | August 18, 2011 | $46.8 million | $45.8 million | $15.8 million | Capital Bank, National Association |
| Earthstar Bank | Southampton | December 10, 2010 | $112.6 million | $104.5 million | $22.5 million | Polonia Bank |
| Dwelling House Savings and Loan | Pittsburgh | August 14, 2009 | $12.9 million | $13 million | $8.4 million | PNC Bank, National Association |
All bank failures in 2010 · All bank failures in Pennsylvania · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.