Home Entertainment FDIC paid $2.7 billion by New York Community Bank to purchase a portion of the Signature Bank that was closed.

FDIC paid $2.7 billion by New York Community Bank to purchase a portion of the Signature Bank that was closed.

By
Jonathan Coppola
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FDIC paid $2.7 billion by New York Community Bank to purchase a portion of the Signature Bank that was closed.



Flagstar Bank has purchased the failing New York crypto lender Signature Bank for a substantial discount of $2.7 billion,

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according to the Federal Deposit Insurance Corporation.



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