GREENWICH SAVINGS BANK Failed 1981

NEW YORK, NY · MI · view on FDIC BankFind ↗

What happened

GREENWICH SAVINGS BANK of NEW YORK, NY was closed on 1981-11-04. The FDIC was named receiver.

Resolution: A/A

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

Key facts

FDIC ID
611
FDIC Certificate
16067
FDIC FIN
1901
Bank name
GREENWICH SAVINGS BANK
Location
NEW YORK, NY
Failure date
1981-11-04
FDIC resolution date
1981-11-04
Charter type
MI
Resolution type
A/A
FDIC DIF cost (est.)
$678M
Deposits at failure
$1,954M
Assets at failure
$2,475M
Acquiring bank
METROPOLITAN SAVINGS BANK (NEW YORK CITY, NY)