The Graveyard › Banks › 1981
Union Dime Savings Bank
New York · assisted December 18, 1981 · FDIC certificate 16051
Union Dime Savings Bank of New York was given assistance by the FDIC on December 18, 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 $1.5 billion in assets and $1.3 billion in deposits. The FDIC estimates that the FDIC's insurance fund lost $61.5 million on it.
Assets at the end$1.5 billionlast report before December 18, 1981
Deposits at the end$1.3 billion
Estimated loss to the fund$61.5 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
- Washington Fs&La · Miami Beach · $1.2 billion in assets · assisted
- First Fs&La of Rochester · Rochester · $1.2 billion in assets
- Franklin Society Fs&La · New York · $947.4 million 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.