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Data / Bank failures / The Buffalo Savings Bank

Failed banks taken over by The Buffalo Savings Bank: 3

The Buffalo Savings Bank took over 3 failed banks between December 18, 1981 and March 26, 1982, holding $5.98 billion in assets and $5.04 billion in deposits. The FDIC estimates the cost to its insurance fund at $843.1 million. The largest: The New York BK for Savings ($3.50 billion), Union Dime Savings Bank ($1.45 billion), The Western New York Savings BK ($1.03 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
The New York BK for Savings (assistance)New YorkNYMarch 26, 1982$3.50 billion$2.90 billion$751.4 millionThe Buffalo Savings Bank
The Western New York Savings BK (assistance)BuffaloNYJanuary 15, 1982$1.03 billion$874.6 million$30.2 millionThe Buffalo Savings Bank
Union Dime Savings Bank (assistance)New YorkNYDecember 18, 1981$1.45 billion$1.26 billion$61.5 millionThe Buffalo 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.