The Graveyard › Banks › 1982

The New York Bank for Savings

New York · assisted March 26, 1982 · FDIC certificate 15901

The New York Bank for Savings of New York was given assistance by the FDIC on March 26, 1982. The FDIC's list records an assistance transaction, not a closing. It opened in 1819, 163 years before. At its last report before that it held $3.5 billion in assets and $2.9 billion in deposits. The FDIC estimates that the FDIC's insurance fund lost $751.4 million on it.

Assets at the end$3.5 billionlast report before March 26, 1982

Deposits at the end$2.9 billion

Estimated loss to the fund$751.4 millionFDIC

On the FDIC's list: THE NEW YORK BK FOR SAVINGS.

Take today's blind test

Also ended in 1982

First Fs&La of Chicago · Galena · $3.5 billion in assets · assisted
Talman Home, Fs&La · Chicago · $3.4 billion in assets
Fidelity S&LA · San Francisco · $2.9 billion in assets · assisted
The Western Saving Fund Society of Philade · Philadelphia · $2.1 billion in assets · assisted
County Fs&La · Rockville Centre · $1.4 billion in assets · assisted
North West, Fs&La · Chicago · $1.3 billion in assets · assisted

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.