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.
Effective Date: July 1, 2017
Publication Date: March 1, 2017
Report on dividends paid
Official press release
Beware 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.
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:
1240 Broadcasting Road
Wyomissing, PA 19610
VIST Bank (www.vistfc.com)
Purchase & Assumption Agreement - PDF
Agreement between FDIC and acquiring institution
Report on the bids to purchase the failed bank