Bank failure · NY

Home Savings Bank (White Plains, NY) — failed December 31, 1985

Home Savings Bank of White Plains, New York was closed on December 31, 1985 and resolved through a a/a. Home Savings Bank (NY) took over its insured deposits. At failure it held $413.9M in assets and $405.0M in deposits. The FDIC's estimated loss on the failure is $5.7M (1.4% of assets).