FIRST FS&LA OF NEW YORK Failed 1982

What happened

FIRST FS&LA OF NEW YORK of NEW YORK CITY, NY was closed on 1982-09-20. The FDIC was named receiver.

Resolution: A/A

Deposits were transferred to FIRST FS&LA OF ROCHESTER (ROCHESTER, NY). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID

705

FDIC Certificate

28941

FDIC FIN

0

Bank name

FIRST FS&LA OF NEW YORK

Location

NEW YORK CITY, NY

Failure date

1982-09-20

FDIC resolution date

1982-09-20

Charter type

SL

Resolution type

A/A

Deposits at failure

$463M

Assets at failure

$659M

Acquiring bank

FIRST FS&LA OF ROCHESTER (ROCHESTER, NY)

Other banks FIRST FS&LA OF ROCHESTER acquired in FDIC resolutions

• KNICKERBOCKER FS&LA (NEW YORK, NY) — failed 1982-03-09
• NINTH FEDERAL SAVINGS (NEW YORK, NY) — failed 1982-03-09
• FRANKLIN SOCIETY FS&LA (NEW YORK, NY) — failed 1981-09-08
• FIRST FS&LA OF ROCHESTER (ROCHESTER, NY) — failed 1981-09-08