Data / Bank failures / 1983 / Auburn Savings Bank
Auburn Savings Bank, Auburn, NY: received FDIC assistance October 1, 1983
Auburn Savings Bank in Auburn, New York, received open bank assistance from the FDIC on October 1, 1983. It held $133.2 million in assets and $131.4 million in deposits at its last report. By assets it was the 25th largest of 99 banks closed or assisted in 1983.
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The FDIC's record
- Closed
- October 1, 1983
- Type
- Open bank assistance
- How it was resolved
- Open bank assistance: the FDIC assisted the bank without closing it
- Acquirer
- Syracuse Savings Bank, Syracuse, NY
- Total assets
- $133,184,000
- Total deposits
- $131,382,000
- Insurance fund
- FDIC
- FDIC certificate
- 15955
Other bank failures in New York, 1981 to 1985
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Home Savings Bank (assistance) | White Plains | December 31, 1985 | $413.9 million | $405 million | $5.7 million | Home Savings Bank |
| Bowery Savings Bank (assistance) | New York | October 1, 1985 | $5.28 billion | $5.00 billion | $334.5 million | Bowery Savings Bank |
| The First National Bank of Rockland | Ramapo | September 13, 1985 | $29.5 million | $25.3 million | First NB of Highland | |
| Flushing FS&LA (assistance) | Flushing | July 19, 1985 | $527.7 million | $524.9 million | $22.9 million | Long Island Savings Bank F |
| Golden Pacific National Bank | New York | June 21, 1985 | $146.3 million | $131.4 million | HONGKONG&SHANGHAI BK Cor | |
| Suburbia FS&LA (assistance) | Garden City | October 1, 1984 | $660.2 million | $630.8 million | $16 million | Fidelity New York FA |
| Century FS&LA (assistance) | Cedarhurst | August 10, 1984 | $651.7 million | $724.5 million | $6.5 million | Home Savings of America FA |
| Washington FS&LA (assistance) | New York | August 31, 1983 | $645 million | $548.3 million | $11.8 million | Ensign Bank FSB |
Other failed banks Syracuse Savings Bank took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Syracuse Savings Bank (assistance) | Syracuse | NY | May 13, 1987 | $1.18 billion | $1.10 billion | Syracuse Savings Bank | |
| Mechanics Savings Bank (assistance) | Elmira | NY | October 15, 1982 | $55.3 million | $50.6 million | Syracuse Savings Bank |
All bank failures in 1983 · All bank failures in New York · Every failed bank Syracuse Savings Bank took over · The full failed bank list
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.