CROSSLAND SAVINGS BANK, FSB Failed 1992
What happened
CROSSLAND SAVINGS BANK, FSB of BROOKLYN, NY was closed on 1992-01-24. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to PUBLIC STOCK SALE (0, 0). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3260
- FDIC Certificate
- 16013
- FDIC FIN
- 4442
- Bank name
- CROSSLAND SAVINGS BANK, FSB
- Location
- BROOKLYN, NY
- Failure date
- 1992-01-24
- FDIC resolution date
- 1993-08-19
- Charter type
- Savings bank
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $753M
- Deposits at failure
- $5,515M
- Assets at failure
- $7,432M
- Acquiring bank
- PUBLIC STOCK SALE (0, 0)