TRI-COUNTY S&LA Failed 1987
What happened
TRI-COUNTY S&LA of CAMDEN, NJ was closed on 1987-11-13. The FDIC was named receiver.
Resolution: ABT
Deposits were transferred to FIRST AMERICAN SAVINGS FA (JENKINTOWN, PA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1556
- FDIC Certificate
- 31155
- FDIC FIN
- 7560
- Bank name
- TRI-COUNTY S&LA
- Location
- CAMDEN, NJ
- Failure date
- 1987-11-13
- FDIC resolution date
- 1987-11-13
- Charter type
- SL
- Resolution type
- ABT
- FDIC DIF cost (est.)
- $19M
- Deposits at failure
- $46M
- Assets at failure
- $37M
- Acquiring bank
- FIRST AMERICAN SAVINGS FA (JENKINTOWN, PA)