Failed Bank Information for Vantage Point Bank, Horsham, PA
On Friday, February 28, 2014, Vantage Point Bank was closed by the Pennsylvania Department of Banking and Securities. The FDIC was named Receiver. First Choice Bank, Mercerville, NJ acquired all deposit accounts.
The FDIC as Receiver for Vantage Point Bank, Horsham, PA has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on August 16, 2017 and has made all dividend distributions required by law.
Effective December 1, 2017, the Receiver was discharged and the Receivership Estate was terminated and ceased existence as a legal entity.
Effective Date: December 1, 2017
Publication Date: August 16, 2017
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: FIRST CHOICE BANK
About First Choice Bank
All deposit accounts, including brokered deposits, were transferred to First Choice Bank, Mercerville, NJ ("assuming institution"). Former Vantage Point Bank locations reopened as branches of First Choice Bank.
Your transferred deposits were separately insured from any accounts you may have already had at First Choice Bank for at least six months after the failure of Vantage Point Bank.
You may withdraw your funds from any transferred account without an early withdrawal penalty until you enter into a new deposit agreement with First Choice Bank as long as the deposits are not pledged as collateral for loans.
On December 3, 2016, First Choice Bank merged with Berkshire Bank.
Contacting Berkshire Bank
You can contact Berkshire Bank:
24 North Street
Berkshire Bank (www.berkshirebank.com/)