# METROPOLITAN FED. S & L ASSOC.

> **Failed bank** · DENVILLE, NJ · failed 1989-04-27 · SL · FDIC cost $0M

## What happened

METROPOLITAN FED. S & L ASSOC. of DENVILLE, NJ was closed by state regulators on **1989-04-27**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **COLLECTIVE FSB** (EGG HARBOR, NJ). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2364
- **FDIC Certificate:** 30374
- **FDIC FIN:** 7196
- **Bank name:** METROPOLITAN FED. S & L ASSOC.
- **Location:** DENVILLE, NJ
- **Failure date:** 1989-04-27
- **FDIC resolution date:** 1990-09-28
- **Charter type:** SL
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $0M
- **Deposits at failure:** $175M
- **Assets at failure:** $168M
- **Acquiring bank:** COLLECTIVE FSB (EGG HARBOR, NJ)

## Other banks COLLECTIVE FSB has acquired in FDIC resolutions

- HANSEN FSA (HAMMONTON, NJ) — failed 1992-01-10 — /failed-bank/3254
- WHITE HORSE FS & LA (TRENTON, NJ) — failed 1991-11-22 — /failed-bank/3241
- TRIDENT FEDERAL S & L ASSOC. (NEWARK, NJ) — failed 1991-01-04 — /failed-bank/2985

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=METROPOLITAN%20FED.%20S%20%26%20L%20ASSOC.

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, METROPOLITAN FED. S & L ASSOC. (FDIC ID 2364), failed 1989-04-27. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/2364.

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