The Graveyard › Banks › 1987
Syracuse Savings Bank
Syracuse · assisted May 13, 1987 · FDIC certificate 16043
Syracuse Savings Bank of Syracuse was given assistance by the FDIC on May 13, 1987. The FDIC's list records an assistance transaction, not a closing. It opened on March 30, 1849, 138 years before. At its last report before that it held $1.2 billion in assets and $1.1 billion in deposits. The FDIC's list records no loss to the FDIC's insurance fund.
1984-031987-03
Assets at the end$1.2 billionlast report before May 13, 1987
Deposits at the end$1.1 billion
Estimated loss to the fundnone recordedFDIC
Largest in the quarterly reports$1.2 billionSeptember 30, 1984
Equity to assets-1.1%March 31, 1987
Loans not being repaid3.1%noncurrent, March 31, 1987
Return on assets-6.69%a year's rate, March 31, 1987
Staff446full time, March 31, 1987
Also ended in 1987
- Lyons Federal Trust & Savings · Countryside · $2.3 billion in assets · assisted
- Freedom S&LA · Tampa, FL · $1.9 billion in assets
- Vernon S&LA · Vernon, TX · $1.3 billion in assets
- Independent American SA · Irving, TX · $1.0 billion in assets
- First Financial Bank, FSB · New Orleans · $744.9 million in assets · assisted
- Victor S&LA · Muskogee, OK · $601.3 million 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.