NY & SUBURBAN FS&LA Failed 1981
What happened
NY & SUBURBAN FS&LA of NEW YORK, NY was closed on 1981-05-31. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to ANCHOR SAVINGS BANK FSB (NORTHPORT, NY). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 594
- FDIC Certificate
- 29270
- FDIC FIN
- 1609
- Bank name
- NY & SUBURBAN FS&LA
- Location
- NEW YORK, NY
- Failure date
- 1981-05-31
- FDIC resolution date
- 1981-05-31
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $146M
- Deposits at failure
- $356M
- Assets at failure
- $548M
- Acquiring bank
- ANCHOR SAVINGS BANK FSB (NORTHPORT, NY)
Other banks ANCHOR SAVINGS BANK FSB acquired in FDIC resolutions