# SUFFOLK COUNTY FS&LA

> **Failed bank** · CENTEREACH, NY · failed 1982-04-15 · SL · FDIC cost $25M

## What happened

SUFFOLK COUNTY FS&LA of CENTEREACH, NY was closed by state regulators 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
- **Estimated FDIC DIF cost:** $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 has acquired in FDIC resolutions

- FLUSHING FS&LA (FLUSHING, NY) — failed 1985-07-19 — /failed-bank/1034

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=SUFFOLK%20COUNTY%20FS%26LA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, SUFFOLK COUNTY FS&LA (FDIC ID 661), failed 1982-04-15. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/661.

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