FLUSHING FS&LA Failed 1985
What happened
FLUSHING FS&LA of FLUSHING, NY was closed on 1985-07-19. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to LONG ISLAND SAVINGS BANK F (SYOSSET, NY). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1034
- FDIC Certificate
- 28504
- FDIC FIN
- 1682
- Bank name
- FLUSHING FS&LA
- Location
- FLUSHING, NY
- Failure date
- 1985-07-19
- FDIC resolution date
- 1986-04-29
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $23M
- Deposits at failure
- $525M
- Assets at failure
- $528M
- Acquiring bank
- LONG ISLAND SAVINGS BANK F (SYOSSET, NY)
Other banks LONG ISLAND SAVINGS BANK F acquired in FDIC resolutions