Skip to the page

Data / Bank failures / 1942 / Floral Park Bank and Trust Company

Floral Park Bank and Trust Company, Floral Park, NY: failed March 28, 1942

Floral Park Bank and Trust Company in Floral Park, New York, failed on March 28, 1942. It held $2 million in deposits.

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.

The FDIC's record

Closed
March 28, 1942
Type
Failure
How it was resolved
Purchase and assumption: another bank took over the deposits
Total deposits
$1,999,000
Charter
State member bank (Federal Reserve)
Insurance fund
FDIC

The FDIC record

Other bank failures in New York, 1940 to 1944

BankCityClosedAssetsDepositsEstimated costAcquirer
The Jefferson County Nat BK -WatertownWatertownSeptember 25, 1943$6.7 million$5.9 million
The Citizens National Bank of FreeportFreeportMarch 7, 1942$1.3 million
Banco Di Napoli Trust Co. of New YorkNew YorkDecember 11, 1941$13.8 million$11 million
The First National Bank of ForestvilleForestvilleNovember 1, 1941$328,000$303,000
Bank of Au Sable Forks, N.Y.Au Sable ForksSeptember 29, 1941$800,000
Mutual Trust Co. of Westchester CountyPort ChesterApril 26, 1941$2.5 million
The First Nat BK & TR Co. of Port ChesterPort ChesterApril 26, 1941$5.2 million
The State Exchange BankHolleyNovember 23, 1940$986,000

All bank failures in 1942 · All bank failures in New York · 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.