From the FDIC: Bay Bank, FSB, Lutherville, Maryland, Assumes All of the Deposits of Slavie Federal Savings Bank, Bel Air, Maryland
As of March 31, 2014, Slavie Federal Savings Bank had approximately $140.1 million in total assets and $111.1 million in total deposits. … The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $6.6 million. … Slavie Federal Savings Bank is the ninth FDIC-insured institution to fail in the nation this year, and the first in Maryland.
Bank failures three weeks in a row …