# CROSSLAND SAVINGS BANK, FSB

> **Failed bank** · BROOKLYN, NY · failed 1992-01-24 · Savings bank · FDIC cost $753M

## What happened

CROSSLAND SAVINGS BANK, FSB of BROOKLYN, NY was closed by state regulators 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
- **Estimated FDIC DIF cost:** $753M
- **Deposits at failure:** $5,515M
- **Assets at failure:** $7,432M
- **Acquiring bank:** PUBLIC STOCK SALE (0, 0)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=CROSSLAND%20SAVINGS%20BANK%2C%20FSB

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, CROSSLAND SAVINGS BANK, FSB (FDIC ID 3260), failed 1992-01-24. Retrieved via AI Analytics 2026-05-19 from https://api.ai-analytics.org/failed-bank/3260.

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