Bank Branches › Closed and merged banks › New York › Central Savings Bank
What happened to Central Savings Bank?
Central Savings Bank in New York City, NY (earlier called Central Savings Bank in the City of New York) was merged into Harlem Savings Bank of New York, NY with federal assistance on Dec 4, 1981. That bank is now called Apple Bank (New York, NY).
The chain, step by step
From the day it opened to the bank at the end of the chain today. Each step is one entry in the FDIC's record.
- 1859Central Savings Bank in the City of New York opens in New York City, NY
- May 1, 1975renamed Central Savings Bank
- Dec 4, 1981ASSISTED MERGERCentral Savings Bank was merged into Harlem Savings Bank of New York, NY with federal assistance.FDIC certificate 16064 ends; its business continues under certificate 16068.
- TodayOPEN
Apple BankMain office New York, NY · FDIC certificate 16068 · 79 offices in 2 states on June 30, 2026Every Apple Bank office → Website on file with the FDIC: www.applebank.com
If you still have something from Central Savings Bank
A lien that was never released
If a paid-off mortgage, home-equity line or car loan still shows Central Savings Bank as lienholder, start with Apple Bank. In a merger the surviving bank takes over the other bank's loans, so it is the bank to ask for a recordable lien release; if the loan was sold along the way, it can tell you to whom.
Central Savings Bank was merged with federal assistance on Dec 4, 1981. The FDIC's limit on lien releases is for mergers without government assistance, so FDIC Resolution Inquiries (888-206-4662, 8am–4pm Central, weekdays) can tell you whether it holds anything for this bank.
Record the release with the same county office that recorded the original mortgage or deed of trust.
An old account, passbook or CD
Ask Apple Bank to search for the account under the name Central Savings Bank. A passbook or certificate shows an account existed. It doesn't show the money is still there, and the OCC notes that federal rules require banks to keep most account records for five years.
Accounts nobody touches are eventually turned over to a state. The OCC puts the usual wait at three to five years with no activity, set by each state's law. Search the unclaimed-property program of the state of the owner's last known address on the bank's records, and any other state they lived in. It is free to search and to claim through a state's own site, and MissingMoney.com, an official site of the state administrators' association, searches most states at once.
A safe deposit box
Ask Apple Bank which branch now holds boxes from the Central Savings Bank office you used. The OCC says a box with no activity for three to five years (the period is set by state statute) is likely treated as dormant, and its contents may be turned over to the state's unclaimed-property program.
Box contents are not covered by FDIC insurance.
Not sure this is your bank?
Many banks shared a name. Match the city and the years above against your paperwork, or search again with the town.
Credit unions were never FDIC-insured and are not in this record; the NCUA credit union lookup covers those. Banks that closed before about 1970 are not in the FDIC's list either.
One caution: banks also sell single branches. If the office you used was sold to a different bank along the way, the account went with the branch, not with this chain.
This page is drawn from FDIC records and federal guidance. It is not legal advice, and BankBranches is not a bank or a government office. More detail: lien releases · old passbooks and CDs · safe deposit boxes · unclaimed money.
Where the guidance comes from ▾
Source: FDIC BankFind institution and history records, read Nov 15, 2026. The FDIC's list covers banks that ended in about 1970 or later. Look up certificate 16064 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.