# SYRACUSE SAVINGS BANK

> **Failed bank** · SYRACUSE, NY · failed 1987-05-13 · SI

## What happened

SYRACUSE SAVINGS BANK of SYRACUSE, NY was closed by state regulators on **1987-05-13**. The FDIC was named receiver.

**Resolution:** A/A

Deposits were transferred to **SYRACUSE SAVINGS BANK** (SYRACUSE, NY). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1432
- **FDIC Certificate:** 16043
- **FDIC FIN:** 1935
- **Bank name:** SYRACUSE SAVINGS BANK
- **Location:** SYRACUSE, NY
- **Failure date:** 1987-05-13
- **FDIC resolution date:** 1987-05-13
- **Charter type:** SI
- **Resolution type:** A/A
- **Estimated FDIC DIF cost:** $0M
- **Deposits at failure:** $1,099M
- **Assets at failure:** $1,183M
- **Acquiring bank:** SYRACUSE SAVINGS BANK (SYRACUSE, NY)

## Other banks SYRACUSE SAVINGS BANK has acquired in FDIC resolutions

- AUBURN SAVINGS BANK (AUBURN, NY) — failed 1983-10-01 — /failed-bank/824
- MECHANICS SAVINGS BANK (ELMIRA, NY) — failed 1982-10-15 — /failed-bank/721

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=SYRACUSE%20SAVINGS%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, SYRACUSE SAVINGS BANK (FDIC ID 1432), failed 1987-05-13. Retrieved via AI Analytics 2026-06-25 from https://api.ai-analytics.org/failed-bank/1432.

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