SUBURBIA FS&LA Failed 1984

GARDEN CITY, NY · SL · view on FDIC BankFind ↗

What happened

SUBURBIA FS&LA of GARDEN CITY, NY was closed on 1984-10-01. The FDIC was named receiver.

Resolution: A/A

Deposits were transferred to FIDELITY NEW YORK FA (FLORAL PARK, NY). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
922
FDIC Certificate
28764
FDIC FIN
0
Bank name
SUBURBIA FS&LA
Location
GARDEN CITY, NY
Failure date
1984-10-01
FDIC resolution date
1984-10-01
Charter type
SL
Resolution type
A/A
FDIC DIF cost (est.)
$16M
Deposits at failure
$631M
Assets at failure
$660M
Acquiring bank
FIDELITY NEW YORK FA (FLORAL PARK, NY)