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Bank failure · NY

Syracuse Savings Bank (Syracuse, NY) — failed May 13, 1987

Syracuse Savings Bank of Syracuse, New York was closed on May 13, 1987 and resolved through a a/a. Syracuse Savings Bank (NY) took over its insured deposits. At failure it held $1.2B in assets and $1.1B in deposits.

Closing date
May 13, 1987
FDIC certificate #
16043
Resolution
A/A (assistance)
Acquiring institution
Syracuse Savings Bank
Insurance fund
FDIC

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