Universal Bank

Status:Inactive as of 10/16/1992
 Financial Difficulty - Payoff
Headquarters:Universal Bank
7919 North George Palmer Highway
Lanham, MD 20706
Established:07/25/1978
FDIC Insurance:07/25/1978
FDIC Cert:#22689
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$18,026,000
Total Deposits:$18,050,000

History

1978-07-25Institution established: Original name:Prince George's State Bank
1982-02-27Moved bank headquarters from GLENARDEN, MD to LANHAM, MD
1983-09-05Changed name to Universal Bank
1992-10-16Failed. No active institution received any of its deposits or its assets.