# UNITED MUTUAL SAVINGS BANK

> **Failed bank** · NEW YORK, NY · failed 1982-09-24 · MI · FDIC cost $33M

## What happened

UNITED MUTUAL SAVINGS BANK of NEW YORK, NY was closed by regulators on **1982-09-24**. The FDIC was named receiver.

**Resolution:** A/A

Deposits were transferred to **AMERICAN SAVINGS BANK** (NEW YORK CITY, NY). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 711
- **FDIC Certificate:** 15937
- **FDIC FIN:** 1911
- **Bank name:** UNITED MUTUAL SAVINGS BANK
- **Location:** NEW YORK, NY
- **Failure date:** 1982-09-24
- **FDIC resolution date:** 1982-09-24
- **Charter type:** MI
- **Resolution type:** A/A
- **Estimated FDIC DIF cost:** $33M
- **Deposits at failure:** $778M
- **Assets at failure:** $833M
- **Acquiring bank:** AMERICAN SAVINGS BANK (NEW YORK CITY, NY)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=UNITED%20MUTUAL%20SAVINGS%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, UNITED MUTUAL SAVINGS BANK (FDIC ID 711), failed 1982-09-24. Retrieved via AI Analytics 2026-05-19 from https://api.ai-analytics.org/failed-bank/711.

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