Bank failure · NY
Empire State Bank (New York, NY) — failed July 28, 1989
Empire State Bank of New York, New York was closed on July 28, 1989 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $30.2M in assets and $26.2M in deposits. The FDIC's estimated loss on the failure is $2.6M (8.7% of assets).
- Closing date
- July 28, 1989
- FDIC certificate #
- 26722
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- FDIC
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