Data / Bank failures / New York
Bank failures in New York: 73 banks since 1937
73 banks in New York failed between 1937 and 2023, holding $163.30 billion in assets and $130.94 billion in deposits. The FDIC estimates the cost to its insurance fund at $5.98 billion. The FDIC also assisted 31 open banks without closing them. The largest: Signature Bank ($110.36 billion), Goldome ($9.89 billion), Empire of America FSB ($8.17 billion). By decade: 1930s 6, 1940s 19, 1950s 1, 1970s 2, 1980s 39, 1990s 30, 2000s 3, 2010s 3, 2020s 1.
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| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Signature Bank | New York | March 12, 2023 | $110.36 billion | $88.61 billion | Flagstar Bank, N.A. | |
| USA Bank | Port Chester | July 9, 2010 | $190.7 million | $188.6 million | $63.5 million | New Century Bank |
| The Park Avenue Bank | New York | March 12, 2010 | $520.1 million | $494.5 million | $76.4 million | Valley National Bank |
| Libertypointe Bank | New York | March 11, 2010 | $216.5 million | $209.5 million | $18.4 million | Valley National Bank |
| Waterford Village Bank | Williamsville | July 24, 2009 | $55.7 million | $56.1 million | $7.9 million | Evans Bank National Association |
| Merrill Lynch Bank & Trust Co FSB (assistance) | New York | January 16, 2009 | $37.99 billion | $28.54 billion | ||
| Reliance Bank | White Plains | March 19, 2004 | $28.6 million | $27.9 million | $919,070 | Union State Bank |
| Golden City Commercial Bank | New York | December 10, 1999 | $87.2 million | $80.4 million | Cathay Bank | |
| American S & L Association | New York | May 5, 1995 | $64.4 million | $57.7 million | $6 million | Interbank of New York |
| Jefferson National Bank | Watertown | February 26, 1993 | $256 million | $248.7 million | $43.5 million | Fleet Bank of New York |
| First New York Bank for Business | New York | November 13, 1992 | $530.7 million | $498.9 million | $164.6 million | Merchants Bank of New Yo |
| The Union Savings Bank | Patchogue | August 28, 1992 | $491.1 million | $529.5 million | $133.9 million | Home Federal Savings Ban |
| Columbia Banking Fed. | Rochester | June 12, 1992 | $1.28 billion | $1.08 billion | $40.6 million | |
| Riverhead Savings Bank | Riverhead | June 12, 1992 | $388.8 million | $316.6 million | Bank of New York | |
| American Savings Bank | White Plains | June 12, 1992 | $3.20 billion | $2.83 billion | $431.3 million | First Fidelity Bank NA N |
| Dollar Dry Dock Bank | White Plains | February 21, 1992 | $4.03 billion | $3.73 billion | $309.1 million | Emigrant Savings Bank |
| Crossland Savings Bank, FSB | Brooklyn | January 24, 1992 | $7.43 billion | $5.51 billion | $753.4 million | Public Stock Sale |
| American National Bank of New York | Fleischmanns | January 24, 1992 | $18 million | $17.8 million | $3.6 million | |
| Community National Bank and Trust | New York | November 7, 1991 | $333.8 million | $354.2 million | $95.9 million | Chemical Bank |
| Eastern FS & La of Sayville | Sayville | September 27, 1991 | $249.5 million | $264.9 million | $29.1 million | Bayside FSB |
| Larchmont FS & La | Larchmont | August 9, 1991 | $123.8 million | $123.6 million | $5,681 | Peoples Westchester SB |
| Westerleigh Savings | Staten Island | May 31, 1991 | $147.8 million | $145.2 million | $9.9 million | |
| Goldome | Buffalo | May 31, 1991 | $9.89 billion | $6.53 billion | $779.4 million | Key Bank of Western New Yor |
| State Savings | Jackson Heights | March 22, 1991 | $445.4 million | $393.8 million | $166.3 million | |
| Beacon Federal Savings | Baldwin | March 8, 1991 | $406 million | $388.6 million | $19.9 million | North Side SB |
| Central Federal Savings | Mineola | December 7, 1990 | $890.8 million | $848.4 million | $247.6 million | Chemical Bank |
| Edison Fsa | New York | November 30, 1990 | $140.1 million | $115.8 million | $3.9 million | Flushing SB |
| Freedom National Bank of New York | New York | November 9, 1990 | $110.4 million | $101 million | $12.3 million | |
| Yorkville Federal Savings | New York | September 21, 1990 | $344.7 million | $347 million | $76.8 million | Northern SB |
| Ensign Bank, FSB | New York | August 31, 1990 | $1.78 billion | $1.47 billion | $628.5 million | |
| The Permanent Savings Bank | Niagara Falls | July 13, 1990 | $330 million | $319.3 million | Key Bank of Western New Yor | |
| Capital National Bank | Bronx | July 6, 1990 | $158.2 million | $145.8 million | $56.1 million | New York Capital Bank, N.A. |
| The Seamen's Bank of Savings, FS | New York | April 18, 1990 | $3.39 billion | $2.14 billion | $148 million | The Chase Manhattan Bank(na |
| Whitestone Savings | Whitestone | March 16, 1990 | $396.9 million | $352.7 million | $36.5 million | Astoria FS&LA |
| Nasau Federal Savings & Loan | Brooklyn | March 16, 1990 | $296.8 million | $300.5 million | $60.3 million | Staten Island SB |
| Monroe Savings Bank, FSB | Rochester | January 26, 1990 | $520.6 million | $488.8 million | $25.7 million | Manufacturers & Traders Tru |
| Empire of America FSB | Buffalo | January 24, 1990 | $8.17 billion | $8.03 billion | $1.24 billion | |
| First City National Bank and Trust | New York | December 20, 1989 | $39.5 million | $38.2 million | $10.8 million | |
| Salamanca Fed. Savings Assoc. | Salamanca | November 30, 1989 | $29.7 million | $29.7 million | $1,253 | Cattaraugus City Bank |
| Empire State Bank | New York | July 28, 1989 | $30.2 million | $26.2 million | $2.6 million | |
| Guardian Bank, N.A. | Hempstead | June 21, 1989 | $409.4 million | $383 million | $203.6 million | |
| First Intercounty Bank of New York | New York | March 11, 1988 | $44.1 million | $37.9 million | $8 million | Community NB&T Co of Ny |
| Central National Bank of New York | New York | September 11, 1987 | $180.8 million | $174.7 million | $58.7 million | |
| Syracuse Savings Bank (assistance) | Syracuse | May 13, 1987 | $1.18 billion | $1.10 billion | Syracuse Savings Bank | |
| 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 |
| 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 |
| Dry Dock Savings Bank (assistance) | New York | February 9, 1983 | $2.45 billion | $2.04 billion | $59.4 million | Dollar-Dry SB of Ny |
| South Shore FS&LA (assistance) | Massapequa | November 15, 1982 | $366.1 million | $272.2 million | $19.5 million | Empire of America Fsa |
| Island S&LA (assistance) | Hempstead | November 15, 1982 | $284.5 million | $221 million | $12.1 million | Empire of America Fsa |
| Mechanics Savings Bank (assistance) | Elmira | October 15, 1982 | $55.3 million | $50.6 million | Syracuse Savings Bank | |
| United Mutual Savings Bank (assistance) | New York | September 24, 1982 | $832.9 million | $777.9 million | $33.1 million | American Savings Bank |
| First FS&LA of New York (assistance) | New York City | September 20, 1982 | $658.9 million | $462.6 million | First FS&LA of Rochester | |
| Union FS&LA of New York (assistance) | New York | September 10, 1982 | $151.8 million | $122.6 million | $8.8 million | Bayside FS&LA |
| Allied FS&LA (assistance) | Jamaica | July 31, 1982 | $18.3 million | $17 million | $2 million | Carver FS&LA |
| County FS&LA (assistance) | Rockville Centre | April 15, 1982 | $1.41 billion | $980.7 million | $36.8 million | Suffolk County FS&LA |
| Suffolk County FS&LA (assistance) | Centereach | April 15, 1982 | $1.11 billion | $950.2 million | $25 million | Long Island Savings Bank F |
| The New York BK for Savings (assistance) | New York | March 26, 1982 | $3.50 billion | $2.90 billion | $751.4 million | The Buffalo Savings Bank |
| Knickerbocker FS&LA (assistance) | New York | March 9, 1982 | $528.8 million | $347.8 million | First FS&LA of Rochester | |
| Ninth Federal Savings (assistance) | New York | March 9, 1982 | $477.5 million | $241.5 million | First FS&LA of Rochester | |
| The Western New York Savings BK (assistance) | Buffalo | January 15, 1982 | $1.03 billion | $874.6 million | $30.2 million | The Buffalo Savings Bank |
| Union Dime Savings Bank (assistance) | New York | December 18, 1981 | $1.45 billion | $1.26 billion | $61.5 million | The Buffalo Savings Bank |
| Central Savings Bank (assistance) | New York | December 4, 1981 | $910.2 million | $698.9 million | $32.9 million | Harlem Savings Bank |
| Empire State FS&LA (assistance) | White Plains | November 30, 1981 | $291.3 million | $217.2 million | $10 million | Empire Savings FA |
| Greenwich Savings Bank (assistance) | New York | November 4, 1981 | $2.48 billion | $1.95 billion | $678.4 million | Metropolitan Savings Bank |
| Franklin Society FS&LA (assistance) | New York | September 8, 1981 | $947.4 million | $703.9 million | $200 million | First FS&LA of Rochester |
| First FS&LA of Rochester | Rochester | September 8, 1981 | $1.20 billion | $989.2 million | First FS&LA of Rochester | |
| West Side FS&LA (assistance) | New York | September 8, 1981 | $2.50 billion | $1.96 billion | $315.5 million | Citizens Savings |
| Ny & Suburban FS&LA (assistance) | New York | May 31, 1981 | $547.6 million | $355.6 million | $145.8 million | Anchor Savings Bank FSB |
| Guardian FSB (assistance) | Northport | April 30, 1981 | $125.9 million | $89.1 million | $31.4 million | Anchor Savings Bank FSB |
| American Bank & Trust Company | New York | September 15, 1976 | $224.5 million | $165.1 million | ||
| Franklin National Bank | New York | October 8, 1974 | $3.66 billion | $1.44 billion | ||
| The Home National of Ellenville | Ellenville | December 4, 1956 | $7.7 million | $6.6 million | ||
| The Jefferson County Nat BK -Watertown | Watertown | September 25, 1943 | $6.7 million | $5.9 million | ||
| Floral Park Bank and Trust Company | Floral Park | March 28, 1942 | $2 million | |||
| The Citizens National Bank of Freeport | Freeport | March 7, 1942 | $1.3 million | |||
| Banco Di Napoli Trust Co. of New York | New York | December 11, 1941 | $13.8 million | $11 million | ||
| The First National Bank of Forestville | Forestville | November 1, 1941 | $328,000 | $303,000 | ||
| Bank of Au Sable Forks, N.Y. | Au Sable Forks | September 29, 1941 | $800,000 | |||
| Mutual Trust Co. of Westchester County | Port Chester | April 26, 1941 | $2.5 million | |||
| The First Nat BK & TR Co. of Port Chester | Port Chester | April 26, 1941 | $5.2 million | |||
| The State Exchange Bank | Holley | November 23, 1940 | $986,000 | |||
| First Citizens Bank & Trust Co. of Utica | Utica | September 14, 1940 | $34.3 million | |||
| Bank of Williamsville | Williamsville | July 27, 1940 | $1.8 million | |||
| Mount Pleasant Bank & Trust Co. | Pleasantville | July 20, 1940 | $2.1 million | |||
| The Southampton Bank | Southampton | June 8, 1940 | $1.3 million | |||
| The Rye National Bank | Rye | April 20, 1940 | $3.4 million | |||
| The First National Bank of Harrison | Harrison | April 20, 1940 | $1.9 million | |||
| First Trust & Deposit Company | Syracuse | April 6, 1940 | $48.3 million | |||
| Baldwinsville State Bank | Baldwinsville | April 6, 1940 | $807,000 | |||
| The National Bank of Westfield | Westfield | February 24, 1940 | $1.6 million | |||
| Bank of Brocton | Brocton | February 24, 1940 | $444,000 | |||
| The Yonkers National Bank & Trust Co. | Yonkers | December 4, 1939 | $8.8 million | |||
| Bank of Eden | Eden | April 29, 1939 | $734,000 | |||
| The First National Bank of Roosevelt | Roosevelt | November 26, 1938 | $1 million | |||
| The Saranac Lake National Bank | Saranac Lake | September 24, 1938 | $491,000 | |||
| First Nat BK & TR Co. of Manhasset | Manhasset | December 20, 1937 | $1.2 million | |||
| The Fort Greene National Bank in New York | Brooklyn | August 14, 1937 | $2.4 million | $2 million |
Other states
- Alabama 39
- Alaska 13
- Arizona 44
- Arkansas 45
- California 265
- Colorado 103
- Connecticut 48
- Delaware 4
- District of Columbia 8
- Florida 199
- Georgia 135
- Guam 1
- Hawaii 6
- Idaho 8
- Illinois 229
- Indiana 52
- Iowa 83
- Kansas 124
- Kentucky 47
- Louisiana 167
- Maine 6
- Maryland 36
- Massachusetts 59
- Michigan 46
- Minnesota 81
- Mississippi 38
- Missouri 136
- Montana 19
- Nebraska 54
- Nevada 17
- New Hampshire 20
- New Jersey 112
- New Mexico 32
- North Carolina 30
- North Dakota 43
- Ohio 61
- Oklahoma 183
- Oregon 38
- Pennsylvania 73
- Puerto Rico 17
- Rhode Island 7
- South Carolina 23
- South Dakota 44
- Tennessee 80
- Texas 911
- U.S. Virgin Islands 1
- Utah 30
- Vermont 5
- Virginia 54
- Washington 38
- West Virginia 19
- Wisconsin 51
- Wyoming 29
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.