UNION DIME SAVINGS BANK Failed 1981
What happened
UNION DIME SAVINGS BANK of NEW YORK, NY was closed on 1981-12-18. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to THE BUFFALO SAVINGS BANK (BUFFALO, NY). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 624
- FDIC Certificate
- 16051
- FDIC FIN
- 1903
- Bank name
- UNION DIME SAVINGS BANK
- Location
- NEW YORK, NY
- Failure date
- 1981-12-18
- FDIC resolution date
- 1981-12-18
- Charter type
- MI
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $62M
- Deposits at failure
- $1,261M
- Assets at failure
- $1,453M
- Acquiring bank
- THE BUFFALO SAVINGS BANK (BUFFALO, NY)
Other banks THE BUFFALO SAVINGS BANK acquired in FDIC resolutions