FORT LEE S&LA Failed 1987

FORT LEE, NJ · SL · view on FDIC BankFind ↗

What happened

FORT LEE S&LA of FORT LEE, NJ was closed on 1987-06-30. The FDIC was named receiver.

Resolution: A/A

Deposits were transferred to ENSIGN BANK FSB (NEW YORK, NY). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1462
FDIC Certificate
29917
FDIC FIN
1708
Bank name
FORT LEE S&LA
Location
FORT LEE, NJ
Failure date
1987-06-30
FDIC resolution date
1987-06-30
Charter type
SL
Resolution type
A/A
FDIC DIF cost (est.)
$13M
Deposits at failure
$183M
Assets at failure
$171M
Acquiring bank
ENSIGN BANK FSB (NEW YORK, NY)

Other banks ENSIGN BANK FSB acquired in FDIC resolutions