AMERICAN BANK & TRUST COMPANY Failed 1976

NEW YORK, NY · State commercial bank, Federal Reserve member · view on FDIC BankFind ↗

What happened

AMERICAN BANK & TRUST COMPANY of NEW YORK, NY was closed on 1976-09-15. The FDIC was named receiver.

Resolution: P&A

Deposits were transferred to 0 (0, 0). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
525
FDIC Certificate
638
FDIC FIN
0
Bank name
AMERICAN BANK & TRUST COMPANY
Location
NEW YORK, NY
Failure date
1976-09-15
Charter type
State commercial bank, Federal Reserve member
Resolution type
P&A
Deposits at failure
$165M
Assets at failure
$225M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions