EMPIRE STATE BANK Failed 1989

NEW YORK, NY · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

EMPIRE STATE BANK of NEW YORK, NY was closed on 1989-07-28. The FDIC was named receiver.

Resolution: PO

Deposits were transferred to 0 (0, 0). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
2464
FDIC Certificate
26722
FDIC FIN
5980
Bank name
EMPIRE STATE BANK
Location
NEW YORK, NY
Failure date
1989-07-28
FDIC resolution date
1989-07-28
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
PO
FDIC DIF cost (est.)
$3M
Deposits at failure
$26M
Assets at failure
$30M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions