UNION FS&LA OF NEW YORK Failed 1982
What happened
UNION FS&LA OF NEW YORK of NEW YORK, NY was closed on 1982-09-10. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to BAYSIDE FS&LA (BAYSIDE, NY). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 703
- FDIC Certificate
- 30958
- FDIC FIN
- 1629
- Bank name
- UNION FS&LA OF NEW YORK
- Location
- NEW YORK, NY
- Failure date
- 1982-09-10
- FDIC resolution date
- 1982-09-10
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $9M
- Deposits at failure
- $123M
- Assets at failure
- $152M
- Acquiring bank
- BAYSIDE FS&LA (BAYSIDE, NY)