Bank failure · NY

Suburbia Fs&la (Garden City, NY) — failed October 1, 1984

Suburbia Fs&la of Garden City, New York was closed on October 1, 1984 and resolved through a a/a. Fidelity New York Fa (NY) took over its insured deposits. At failure it held $660.2M in assets and $630.8M in deposits. The FDIC's estimated loss on the failure is $16.0M (2.4% of assets).