Bank failure · NY

Empire State Fs&la (White Plains, NY) — failed November 30, 1981

Empire State Fs&la of White Plains, New York was closed on November 30, 1981 and resolved through a a/a. Empire Savings Fa (NY) took over its insured deposits. At failure it held $291.3M in assets and $217.2M in deposits. The FDIC's estimated loss on the failure is $10.0M (3.4% of assets).