Suburban Federal Savings Bank's hope for survival is dissipating.

The deeply troubled thrift in Crofton, Md., has until Friday to find an acquirer that would restore it to adequate capitalization, under an order from the Office of Thrift Supervision. The $354 million-asset Suburban had not announced a deal by late Wednesday, and officials there did not return a call seeking comment on whether one might be imminent.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.