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Data / Bank failures / First FS&LA of Rochester

Failed banks taken over by First FS&LA of Rochester: 5

First FS&LA of Rochester took over 5 failed banks between September 8, 1981 and September 20, 1982, holding $1.20 billion in assets and $989.2 million in deposits. The FDIC estimates the cost to its insurance fund at $0. The largest: First FS&LA of Rochester ($1.20 billion).

SpecStream is the live web data engine for teams and agents. It reads the FDIC failed bank data every morning, and this page is that reading. Ask for the banks you follow and each new closure arrives in your sheet, CRM, Slack or agent as the FDIC announces it.

Every bank it took over, newest first

BankCityStateClosedAssetsDepositsEstimated costAcquirer
First FS&LA of New York (assistance)New York CityNYSeptember 20, 1982$658.9 million$462.6 millionFirst FS&LA of Rochester
Knickerbocker FS&LA (assistance)New YorkNYMarch 9, 1982$528.8 million$347.8 millionFirst FS&LA of Rochester
Ninth Federal Savings (assistance)New YorkNYMarch 9, 1982$477.5 million$241.5 millionFirst FS&LA of Rochester
Franklin Society FS&LA (assistance)New YorkNYSeptember 8, 1981$947.4 million$703.9 million$200 millionFirst FS&LA of Rochester
First FS&LA of RochesterRochesterNYSeptember 8, 1981$1.20 billion$989.2 millionFirst FS&LA of Rochester

Other acquiring banks

Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.