Bank failure · NY

Flushing Fs&la (Flushing, NY) — failed July 19, 1985

Flushing Fs&la of Flushing, New York was closed on July 19, 1985 and resolved through a a/a. Long Island Savings Bank F (NY) took over its insured deposits. At failure it held $527.7M in assets and $524.9M in deposits. The FDIC's estimated loss on the failure is $22.9M (4.3% of assets).