# DOLLAR DRY DOCK BANK

> **Failed bank** · WHITE PLAINS, NY · failed 1992-02-21 · SI · FDIC cost $309M

## What happened

DOLLAR DRY DOCK BANK of WHITE PLAINS, NY was closed by state regulators on **1992-02-21**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

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


## Key facts

- **FDIC ID:** 3274
- **FDIC Certificate:** 15897
- **FDIC FIN:** 4451
- **Bank name:** DOLLAR DRY DOCK BANK
- **Location:** WHITE PLAINS, NY
- **Failure date:** 1992-02-21
- **FDIC resolution date:** 1992-02-21
- **Charter type:** SI
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $309M
- **Deposits at failure:** $3,733M
- **Assets at failure:** $4,028M
- **Acquiring bank:** EMIGRANT SAVINGS BANK (NEW YORK CITY, NY)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, DOLLAR DRY DOCK BANK (FDIC ID 3274), failed 1992-02-21. Retrieved via AI Analytics 2026-05-19 from https://api.ai-analytics.org/failed-bank/3274.

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