# RIVERHEAD SAVINGS BANK

> **Failed bank** · RIVERHEAD, NY · failed 1992-06-12 · SI

## What happened

RIVERHEAD SAVINGS BANK of RIVERHEAD, NY was closed by state regulators on **1992-06-12**. The FDIC was named receiver.

**Resolution:** Payout / Insured deposits — FDIC paid insured deposits directly to depositors

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


## Key facts

- **FDIC ID:** 3339
- **FDIC Certificate:** 16033
- **FDIC FIN:** 4498
- **Bank name:** RIVERHEAD SAVINGS BANK
- **Location:** RIVERHEAD, NY
- **Failure date:** 1992-06-12
- **FDIC resolution date:** 1992-06-12
- **Charter type:** SI
- **Resolution type:** Payout / Insured deposits — FDIC paid insured deposits directly to depositors
- **Estimated FDIC DIF cost:** $0M
- **Deposits at failure:** $317M
- **Assets at failure:** $389M
- **Acquiring bank:** BANK OF NEW YORK (NEW YORK CITY, NY)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, RIVERHEAD SAVINGS BANK (FDIC ID 3339), failed 1992-06-12. Retrieved via AI Analytics 2026-08-14 from https://api.ai-analytics.org/failed-bank/3339.

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