Bank failure · NY

Larchmont Fs & LA (Larchmont, NY) — failed August 9, 1991

Larchmont Fs & LA of Larchmont, New York was closed on August 9, 1991 and resolved through a purchase and assumption. Peoples Westchester Sb (NY) took over its insured deposits. At failure it held $123.8M in assets and $123.6M in deposits. The FDIC's estimated loss on the failure is $6K (0.0% of assets).