Bank Failure
Tioga-Franklin Savings Bank
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Closed August 21, 2026 · Philadelphia, PA · FDIC Cert #33802.
- Closing date
- August 21, 2026
- Headquarters
- Philadelphia, PA
- FDIC Certificate
- 33802
- Total assets at closing
- $68.4M
- Total deposits at closing
- $66.6M
- Estimated loss to the insurance fund
- Not published (the FDIC feed carries no estimate for this failure)
- Resolution
- Failure (closed by regulators)
- Acquirer
- Second Federal Savings and Loan Association of Philadelphia
Context
On August 21, 2026, regulators closed Tioga-Franklin Savings Bank, headquartered in Philadelphia, PA. At closing, the institution held approximately $68.4M in assets and $66.6M in deposits. The FDIC record names Second Federal Savings and Loan Association of Philadelphia as the acquiring institution in the resolution.
By assets at closing this is the 1438th largest of the 3,526 bank failures in the FDIC record, and the 5th of 6 in 2026. It falls in the period the record labels Regional Banking Stress (2023-present), a period with 15 failures peaking at 6 in 2026.
Source: FDIC Failed Banks list. Asset and deposit values reflect the most recent regulatory filing prior to closing.
Common questions
When did Tioga-Franklin Savings Bank fail?
Tioga-Franklin Savings Bank was closed by regulators on August 21, 2026.
Who acquired Tioga-Franklin Savings Bank?
The FDIC record names Second Federal Savings and Loan Association of Philadelphia as the acquiring institution in the resolution of Tioga-Franklin Savings Bank.
How big was Tioga-Franklin Savings Bank when it failed?
Tioga-Franklin Savings Bank had approximately $68.4M in total assets and $66.6M in deposits at the time of failure.
Other failures in 2026
| Date | Bank | Assets |
|---|---|---|
| Sep 25, 2026 | Nano Banc | $736.2M |
| Jul 17, 2026 | Small Business Bank | $72.9M |
| Jul 10, 2026 | Kentland FS&LA | $3.8M |
| May 1, 2026 | Community Bank and Trust - West Georgia | $305.7M |
| Jan 30, 2026 | Metropolitan Capital B&T | $261.2M |
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