# GREENWICH SAVINGS BANK

> **Failed bank** · NEW YORK, NY · failed 1981-11-04 · MI · FDIC cost $678M

## What happened

GREENWICH SAVINGS BANK of NEW YORK, NY was closed by regulators 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
- **Estimated FDIC DIF cost:** $678M
- **Deposits at failure:** $1,954M
- **Assets at failure:** $2,475M
- **Acquiring bank:** METROPOLITAN SAVINGS BANK (NEW YORK CITY, NY)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, GREENWICH SAVINGS BANK (FDIC ID 611), failed 1981-11-04. Retrieved via AI Analytics 2026-06-26 from https://api.ai-analytics.org/failed-bank/611.

---

*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*