Bank failure · NY
Yorkville Federal Savings (New York, NY) — failed September 21, 1990
Yorkville Federal Savings of New York, New York was closed on September 21, 1990 and resolved through a purchase and assumption. Northern Sb (NY) took over its insured deposits. At failure it held $344.7M in assets and $347.0M in deposits. The FDIC's estimated loss on the failure is $76.8M (22.3% of assets).
- Closing date
- September 21, 1990
- FDIC certificate #
- 29315
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Northern Sb
- Insurance fund
- RTC
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