Bank failure · NY
Washington Fs&la (New York, NY) — failed August 31, 1983
Washington Fs&la of New York, New York was closed on August 31, 1983 and resolved through a a/a. Ensign Bank FSB (FL) took over its insured deposits. At failure it held $645.0M in assets and $548.3M in deposits. The FDIC's estimated loss on the failure is $11.8M (1.8% of assets).
- Closing date
- August 31, 1983
- FDIC certificate #
- 30170
- Resolution
- A/A (assistance)
- Acquiring institution
- Ensign Bank FSB
- Insurance fund
- FSLIC
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