SUFFOLK COUNTY FS&LA Failed 1982
What happened
SUFFOLK COUNTY FS&LA of CENTEREACH, NY was closed on 1982-04-15. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to LONG ISLAND SAVINGS BANK F (CENTEREACH, NY). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 661
- FDIC Certificate
- 29037
- FDIC FIN
- 1649
- Bank name
- SUFFOLK COUNTY FS&LA
- Location
- CENTEREACH, NY
- Failure date
- 1982-04-15
- FDIC resolution date
- 1983-08-01
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $25M
- Deposits at failure
- $950M
- Assets at failure
- $1,113M
- Acquiring bank
- LONG ISLAND SAVINGS BANK F (CENTEREACH, NY)
- FDIC comments
- FSLIC Assisted Merger - SIMS to be updated to show failure
Other banks LONG ISLAND SAVINGS BANK F acquired in FDIC resolutions