TellerScore

Bank failure · NY

Century Fs&la (Cedarhurst, NY) — failed August 10, 1984

Century Fs&la of Cedarhurst, New York was closed on August 10, 1984 and resolved through a a/a. Home Savings of America Fa (CA) took over its insured deposits. At failure it held $651.7M in assets and $724.5M in deposits. The FDIC's estimated loss on the failure is $6.5M (1.0% of assets).

Closing date
August 10, 1984
FDIC certificate #
28546
Resolution
A/A (assistance)
Acquiring institution
Home Savings of America Fa
Insurance fund
FSLIC

Other failures in 1984

What happens when a bank fails