Bank failure · NY
Central National Bank of New York (New York, NY) — failed September 11, 1987
Central National Bank of New York of New York, New York was closed on September 11, 1987 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $180.8M in assets and $174.7M in deposits. The FDIC's estimated loss on the failure is $58.7M (32.5% of assets).
- Closing date
- September 11, 1987
- FDIC certificate #
- 13403
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- FDIC
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