TellerScore

Bank failure · NY

American National Bank of New York (Fleischmanns, NY) — failed January 24, 1992

American National Bank of New York of Fleischmanns, New York was closed on January 24, 1992 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $18.0M in assets and $17.8M in deposits. The FDIC's estimated loss on the failure is $3.6M (20.2% of assets).

Closing date
January 24, 1992
FDIC certificate #
7052
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
BIF

Other failures in 1992

What happens when a bank fails