The Graveyard › Banks › 1981
Franklin Society Fs&La
New York · assisted September 8, 1981 · FDIC certificate 30496
Franklin Society Fs&La of New York was given assistance by the FSLIC on September 8, 1981. The FDIC's list records an assistance transaction, not a closing. It opened in 1888, 93 years before. At its last report before that it held $947.4 million in assets and $703.9 million in deposits. The FDIC estimates that the FSLIC's fund lost $200.0 million on it.
Assets at the end$947.4 millionlast report before September 8, 1981
Deposits at the end$703.9 million
Estimated loss to the fund$200.0 millionFSLIC
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.