Data / Bank failures / 2011 / Public Savings Bank
Public Savings Bank, Huntingdon Valley, PA: failed August 18, 2011
Public Savings Bank in Huntingdon Valley, Pennsylvania, failed on August 18, 2011. Capital Bank, National Association of Rockville, MD, took over its deposits. It held $46.8 million in assets and $45.8 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $15.8 million (33.8% of its assets). By assets it was the 88th largest of 92 banks closed or assisted in 2011.
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The FDIC's record
- Closed
- August 18, 2011
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Capital Bank, National Association, Rockville, MD
- Total assets
- $46,818,000
- Total deposits
- $45,770,000
- Estimated cost to the FDIC
- $15,828,422 (estimate as of July 31, 2026)
- Charter
- Savings institution
- Insurance fund
- DIF
- FDIC certificate
- 34130
Other bank failures in Pennsylvania, 2009 to 2013
| 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 |
| Earthstar Bank | Southampton | December 10, 2010 | $112.6 million | $104.5 million | $22.5 million | Polonia Bank |
| Allegiance Bank of North America | Bala Cynwyd | November 19, 2010 | $106.6 million | $92 million | $12.7 million | Vist Bank |
| Dwelling House Savings and Loan | Pittsburgh | August 14, 2009 | $12.9 million | $13 million | $8.4 million | PNC Bank, National Association |
Other failed banks Capital Bank, National Association took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Pisgah Community Bank | Asheville | NC | May 10, 2013 | $21.9 million | $21.2 million | $7.9 million | Capital Bank, National Association |
| American Eagle Savings Bank | Boothwyn | PA | January 20, 2012 | $19.3 million | $17.5 million | $4.7 million | Capital Bank, National Association |
All bank failures in 2011 · All bank failures in Pennsylvania · Every failed bank Capital Bank, National Association took over · 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.