BOWERY SAVINGS BANK Failed 1985
What happened
BOWERY SAVINGS BANK of NEW YORK, NY was closed on 1985-10-01. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to BOWERY SAVINGS BANK (NEW YORK, NY). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1076
- FDIC Certificate
- 15919
- FDIC FIN
- 1924
- Bank name
- BOWERY SAVINGS BANK
- Location
- NEW YORK, NY
- Failure date
- 1985-10-01
- FDIC resolution date
- 1985-10-01
- Charter type
- SI
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $335M
- Deposits at failure
- $5,002M
- Assets at failure
- $5,277M
- Acquiring bank
- BOWERY SAVINGS BANK (NEW YORK, NY)