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Data / Bank failures / Syracuse Savings Bank

Failed banks taken over by Syracuse Savings Bank: 3

Syracuse Savings Bank took over 3 failed banks between October 15, 1982 and May 13, 1987, holding $1.37 billion in assets and $1.28 billion in deposits. The FDIC estimates the cost to its insurance fund at $0. The largest: Syracuse Savings Bank ($1.18 billion), Auburn Savings Bank ($133.2 million), Mechanics Savings Bank ($55.3 million).

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
Syracuse Savings Bank (assistance)SyracuseNYMay 13, 1987$1.18 billion$1.10 billionSyracuse Savings Bank
Auburn Savings Bank (assistance)AuburnNYOctober 1, 1983$133.2 million$131.4 millionSyracuse Savings Bank
Mechanics Savings Bank (assistance)ElmiraNYOctober 15, 1982$55.3 million$50.6 millionSyracuse Savings Bank

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.