Bank failure · NY
Capital National Bank (Bronx, NY) — failed July 6, 1990
Capital National Bank of Bronx, New York was closed on July 6, 1990 and resolved through a insured deposit transfer. New York Capital Bank, N.A. (NY) took over its insured deposits. At failure it held $158.2M in assets and $145.8M in deposits. The FDIC's estimated loss on the failure is $56.1M (35.5% of assets).
- Closing date
- July 6, 1990
- FDIC certificate #
- 22062
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- New York Capital Bank, N.A.
- Insurance fund
- BIF
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