Bank failure · NY
The Permanent Savings Bank (Niagara Falls, NY) — failed July 13, 1990
The Permanent Savings Bank of Niagara Falls, New York was closed on July 13, 1990 and resolved through a purchase and assumption. Key Bank of Western New Yor (NY) took over its insured deposits. At failure it held $330.0M in assets and $319.3M in deposits.
- Closing date
- July 13, 1990
- FDIC certificate #
- 22583
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Key Bank of Western New Yor
- Insurance fund
- BIF
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