Failed Bank List
Failed Bank Information for Bank of the Eastern Shore, Cambridge, MD
April 27, 2012,
Bank of the Eastern Shore was closed by the
Maryland Commissioner of Financial Regulation. The FDIC was named Receiver.
Deposit Insurance National Bank of Eastern Shore (DINB), Cambridge, MD acquired all deposit accounts, except for brokered deposits, CDs, and IRAs.
The FDIC as Receiver for
Bank of the Eastern Shore, Cambridge, MD has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on
May 22, 2023 and has made all dividend distributions required by law.
November 1, 2023, the Receiver was discharged and the Receivership Estate was terminated and ceased existence as a legal entity.