# THE WESTERN NEW YORK SAVINGS BK

> **Failed bank** · BUFFALO, NY · failed 1982-01-15 · MI · FDIC cost $30M

## What happened

THE WESTERN NEW YORK SAVINGS BK of BUFFALO, NY was closed by regulators on **1982-01-15**. 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:** 625
- **FDIC Certificate:** 15997
- **FDIC FIN:** 1904
- **Bank name:** THE WESTERN NEW YORK SAVINGS BK
- **Location:** BUFFALO, NY
- **Failure date:** 1982-01-15
- **FDIC resolution date:** 1982-01-15
- **Charter type:** MI
- **Resolution type:** A/A
- **Estimated FDIC DIF cost:** $30M
- **Deposits at failure:** $875M
- **Assets at failure:** $1,028M
- **Acquiring bank:** THE BUFFALO SAVINGS BANK (BUFFALO, NY)

## Other banks THE BUFFALO SAVINGS BANK has acquired in FDIC resolutions

- THE NEW YORK BK FOR SAVINGS (NEW YORK, NY) — failed 1982-03-26 — /failed-bank/654
- UNION DIME SAVINGS BANK (NEW YORK, NY) — failed 1981-12-18 — /failed-bank/624

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=THE%20WESTERN%20NEW%20YORK%20SAVINGS%20BK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE WESTERN NEW YORK SAVINGS BK (FDIC ID 625), failed 1982-01-15. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/625.

---

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