CENTRAL SAVINGS BANK Failed 1981
What happened
CENTRAL SAVINGS BANK of NEW YORK, NY was closed on 1981-12-04. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to HARLEM SAVINGS BANK (NEW YORK CITY, NY). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 617
- FDIC Certificate
- 16064
- FDIC FIN
- 1902
- Bank name
- CENTRAL SAVINGS BANK
- Location
- NEW YORK, NY
- Failure date
- 1981-12-04
- FDIC resolution date
- 1981-12-04
- Charter type
- MI
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $33M
- Deposits at failure
- $699M
- Assets at failure
- $910M
- Acquiring bank
- HARLEM SAVINGS BANK (NEW YORK CITY, NY)