FDIC (Federal Deposit Insurance Corporation)


On Friday, March 5, 2010, Waterfield Bank of Germantown , Maryland (the “Failed Institution”), was closed by the Office of Thrift Supervision . Subsequently, the Federal Deposit Insurance Corporation (FDIC) was named Receiver. To protect depositors, the FDIC created Waterfield Bank, FA to remain open for 30 days to allow customers to make arrangements to transfer their accounts to another insured bank or thrift.

On April 5, 2010, Waterfield Bank, FA including the Call Center , Customer Service Center and the Germantown , MD branch, will close permanently. The FDIC will mail out final checks and statements to remaining customers no later than April12th.

Questions may be directed to Customer Service at 1 800-242-4934

Question and Answer Guides are available at the bank or online at:


Please select the link below to read more about this event:

FDIC Bank Closing Information for Waterfield Bank