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Failed Bank Information for Allegiance Bank of North America, Bala Cynwyd, PA

On Friday, November 19, 2010, Allegiance Bank of North America was closed by the Pennsylvania Department of Banking. The FDIC was named Receiver. VIST Bank, Wyomissing, PA acquired all deposit accounts.

The FDIC as Receiver for Allegiance Bank of North America, Bala Cynwyd, PA has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on March 1, 2017 and has made all dividend distributions required by law.

Effective July 1, 2017, the Receiver was discharged and the Receivership Estate was terminated and ceased existence as a legal entity.

Receivership Status

TERMINATED

Notice of Termination

Effective Date: July 1, 2017


Notice of Intent to Terminate

Publication Date: March 1, 2017

Dividend Information

Report on dividends paid


Press Release

Official press release

cautionBeware of scams!

Please be advised you will not receive any email notification to claim, unlock or suspend your account or to provide any private information. Please be aware of any phishing scams to obtain information from you.

caution

Beware of scams!
Please be advised you will not receive any email notification to claim/unlock/suspend your account or to provide any private information. Please be aware of any phishing scams to obtain information from you.

ACQUIRING INSTITUTION: VIST BANK

About VIST Bank

All deposit accounts, excluding certain brokered deposits, were transferred to VIST Bank, Wyomissing, PA ("assuming institution"). Former Allegiance Bank of North America locations reopened as branches of VIST Bank.

Your transferred deposits were separately insured from any accounts you may have already had at VIST Bank for at least six months after the failure of Allegiance Bank of North America.

You may withdraw your funds from any transferred account without an early withdrawal penalty until you enter into a new deposit agreement with VIST Bank as long as the deposits are not pledged as collateral for loans.

Contacting VIST Bank

You can contact VIST Bank:

VIST Bank
1240 Broadcasting Road
Wyomissing, PA 19610

VIST Bank (www.vistfc.com)

Transaction Documentation

Purchase & Assumption Agreement - PDF
Agreement between FDIC and acquiring institution

Bid Summary
Report on the bids to purchase the failed bank