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Data / Bank failures / 2014 / Vantage Point Bank

Vantage Point Bank, Horsham, PA: failed February 28, 2014

Vantage Point Bank in Horsham, Pennsylvania, failed on February 28, 2014. First Choice Bank of Mercerville, NJ, took over its deposits. It held $63.5 million in assets and $62.5 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $9 million (14.1% of its assets). By assets it was the 13th largest of 18 banks closed or assisted in 2014.

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The FDIC's record

Closed
February 28, 2014
Type
Failure
How it was resolved
Purchase and assumption: another bank took over the deposits
Acquirer
First Choice Bank, Mercerville, NJ
Total assets
$63,453,000
Total deposits
$62,472,000
Estimated cost to the FDIC
$8,956,195 (estimate as of July 31, 2026)
Charter
State nonmember bank (FDIC)
Insurance fund
DIF
FDIC certificate
58531

The FDIC record

Other bank failures in Pennsylvania, 2012 to 2016

BankCityClosedAssetsDepositsEstimated costAcquirer
First Cornerstone BankKing of PrussiaMay 6, 2016$103.3 million$101 million$10.8 millionFirst-Citizens Bank & Trust Company
Nova BankBerwynOctober 26, 2012$444.7 million$395.2 million$85.4 million
American Eagle Savings BankBoothwynJanuary 20, 2012$19.3 million$17.5 million$4.7 millionCapital Bank, National Association

All bank failures in 2014 · All bank failures in Pennsylvania · The full failed bank list

Read from the FDIC's failures data (BankFind), last updated 2026-10-24. 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.