GOLDOME Failed 1991
What happened
GOLDOME of BUFFALO, NY was closed on 1991-05-31. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to KEY BANK OF WESTERN NEW YOR (BUFFALO, NY). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3115
- FDIC Certificate
- 15963
- FDIC FIN
- 4363
- Bank name
- GOLDOME
- Location
- BUFFALO, NY
- Failure date
- 1991-05-31
- FDIC resolution date
- 1991-05-31
- Charter type
- SI
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $779M
- Deposits at failure
- $6,525M
- Assets at failure
- $9,891M
- Acquiring bank
- KEY BANK OF WESTERN NEW YOR (BUFFALO, NY)
Other banks KEY BANK OF WESTERN NEW YOR acquired in FDIC resolutions