# NY & SUBURBAN FS&LA

> **Failed bank** · NEW YORK, NY · failed 1981-05-31 · SL · FDIC cost $146M

## What happened

NY & SUBURBAN FS&LA of NEW YORK, NY was closed by state regulators 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
- **Estimated FDIC DIF cost:** $146M
- **Deposits at failure:** $356M
- **Assets at failure:** $548M
- **Acquiring bank:** ANCHOR SAVINGS BANK FSB (NORTHPORT, NY)

## Other banks ANCHOR SAVINGS BANK FSB has acquired in FDIC resolutions

- SUN FS&LA (TALAHASSEE, FL) — failed 1985-12-31 — /failed-bank/1128
- PEACHTREE FS&LA (ATLANTA, GA) — failed 1982-12-20 — /failed-bank/741
- FIRST FS&LA OF CRISP COUNTY (CORDELE, GA) — failed 1982-12-20 — /failed-bank/737
- GUARDIAN FSB (NORTHPORT, NY) — failed 1981-04-30 — /failed-bank/591

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=NY%20%26%20SUBURBAN%20FS%26LA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, NY & SUBURBAN FS&LA (FDIC ID 594), failed 1981-05-31. Retrieved via AI Analytics 2026-07-02 from https://api.ai-analytics.org/failed-bank/594.

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