Earthstar Bank, Southampton, PA, Closed By Regulators

December 10, 2010 – Earthstar Bank, Southampton, PA, was closed today by the Pennsylvania Department of Banking, which appointed the FDIC as receiver.  The FDIC entered into a purchase and assumption agreement with Polonia Bank, Huntingdon Valley, Pennsylvania.  Polonia will assume all Earthstar deposits, excluding certain out-of-state CDs (certificates of deposit).  It is likely that […]