Data / Bank failures / 1984 / Century FS&LA
Century FS&LA, Cedarhurst, NY: received FDIC assistance August 10, 1984
Century FS&LA in Cedarhurst, New York, received open bank assistance from the FDIC on August 10, 1984. It held $651.7 million in assets and $724.5 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $6.5 million (1% of its assets). By assets it was the 5th largest of 106 banks closed or assisted in 1984.
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The FDIC's record
- Closed
- August 10, 1984
- Type
- Open bank assistance
- How it was resolved
- Open bank assistance: the FDIC assisted the bank without closing it
- Acquirer
- Home Savings of America FA, Los Angeles, CA
- Total assets
- $651,723,000
- Total deposits
- $724,485,000
- Estimated cost to the FDIC
- $6,470,000 (estimate as of July 31, 2026)
- Charter
- Savings and loan association
- Insurance fund
- FSLIC
- FDIC certificate
- 28546
Other bank failures in New York, 1982 to 1986
| 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 |
| Auburn Savings Bank (assistance) | Auburn | October 1, 1983 | $133.2 million | $131.4 million | Syracuse Savings Bank | |
| Washington FS&LA (assistance) | New York | August 31, 1983 | $645 million | $548.3 million | $11.8 million | Ensign Bank FSB |
Other failed banks Home Savings of America FA took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Home FS&LA (assistance) | Marion | OH | May 22, 1985 | $201.9 million | $206.6 million | Home Savings of America FA |
All bank failures in 1984 · All bank failures in New York · Every failed bank Home Savings of America FA took over · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-24. 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.