The Graveyard › Banks › 1981
Central Savings Bank
New York · assisted December 4, 1981 · FDIC certificate 16064
Central Savings Bank of New York was given assistance by the FDIC on December 4, 1981. The FDIC's list records an assistance transaction, not a closing. It opened in 1859, 122 years before. At its last report before that it held $910.2 million in assets and $698.9 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $32.9 million on it.
Assets at the end$910.2 millionlast report before December 4, 1981
Deposits at the end$698.9 million
Estimated loss to the fund$32.9 millionFDIC
Also ended in 1981
- First Fs&La of Broward County · Ft. Lauderdale · $2.6 billion in assets · assisted
- West Side Fs&La · New York · $2.5 billion in assets · assisted
- The Greenwich Savings Bank · New York · $2.5 billion in assets · assisted
- Union Dime Savings Bank · New York · $1.5 billion in assets · assisted
- Washington Fs&La · Miami Beach · $1.2 billion in assets · assisted
- First Fs&La of Rochester · Rochester · $1.2 billion in assets
History, not advice.
Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.