# UNION FS&LA OF NEW YORK

> **Failed bank** · NEW YORK, NY · failed 1982-09-10 · SL · FDIC cost $9M

## What happened

UNION FS&LA OF NEW YORK of NEW YORK, NY was closed by state regulators 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
- **Estimated FDIC DIF cost:** $9M
- **Deposits at failure:** $123M
- **Assets at failure:** $152M
- **Acquiring bank:** BAYSIDE FS&LA (BAYSIDE, NY)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, UNION FS&LA OF NEW YORK (FDIC ID 703), failed 1982-09-10. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/703.

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