# THE UNION SAVINGS BANK

> **Failed bank** · PATCHOGUE, NY · failed 1992-08-28 · SI · FDIC cost $134M

## What happened

THE UNION SAVINGS BANK of PATCHOGUE, NY was closed by state regulators on **1992-08-28**. The FDIC was named receiver.

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

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


## Key facts

- **FDIC ID:** 3369
- **FDIC Certificate:** 15979
- **FDIC FIN:** 4511
- **Bank name:** THE UNION SAVINGS BANK
- **Location:** PATCHOGUE, NY
- **Failure date:** 1992-08-28
- **FDIC resolution date:** 1992-08-28
- **Charter type:** SI
- **Resolution type:** Payout / Insured deposits — FDIC paid insured deposits directly to depositors
- **Estimated FDIC DIF cost:** $134M
- **Deposits at failure:** $529M
- **Assets at failure:** $491M
- **Acquiring bank:** HOME FEDERAL SAVINGS BAN (NEW YORK CITY, NY)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE UNION SAVINGS BANK (FDIC ID 3369), failed 1992-08-28. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/3369.

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